E-House (EJ) Misses Q3 EPS by 10c; Trims FY14 Sales Outlook

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Oppenheimer Downgrades E-House (China) Holdings Ltd (EJ) to Perform

November 20, 2014 6:28 AM EST

Oppenheimer downgraded E-House (China) Holdings Ltd (NYSE: EJ) from Outperform to Perform and removes their $16 price target.

Analyst Ella Ji states, "Our 2015E adjusted EPS is lowered by 38% to $0.64, as we now see more challenges down the road: 1) property market remained lukewarm even amid... More