BofA/Merrill Lynch Downgrades E-Commerce China Dangdang (DANG) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/13/2026
- S&P 500 flat as chipmakers fall and bank earnings roll in
- Oil prices settle mixed, focus on US-Russia diesel deal, Saudi Yemen attacks
- JPMorgan shares edge lower after third-quarter FICC revenue miss
- Fed’s Waller says US bond yield rise driven by growth, not inflation
- Wells Fargo beats profit estimates despite revenue miss
Tweet
Share
E-mailGet Alerts DANG Hot Sheet
Rating Summary:
4 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 17 | New: 33
Join SI Premium – FREE
BofA/Merrill Lynch downgraded E-Commerce China Dangdang (NYSE: DANG) from Buy to Neutral with a price target of $15.00 citing diminished risk/reward and rising competition. Analyst Binnie Wong notes even with yesterday's decline shares have more than doubled since the beginning of last year while competition has intensified and key metrics for the recent quarter were disappointing.
For an analyst ratings summary and ratings history on E-Commerce China Dangdang click here. For more ratings news on E-Commerce China Dangdang click here.
Shares of E-Commerce China Dangdang closed at $9.87 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Downgrades Pershing Square Inc (PS) to Underperform
- Evergy (EVRG) PT Lowered to $85 at BMO Capital
- BofA Securities on MongoDB (MDB): 'more comfortable with the company's growth potential'
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, DowngradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
