500.com Ltd. (WBAI) Misses Q1 EPS Views; CEO Man San Law Resigns
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500.com's (WBAI) Rebound 'Unrealistic', Deutsche Bank Cuts to Sell
May 21, 2015 7:11 AM EDTDeutsche Bank downgraded 500.com Ltd (NYSE: WBAI) from Hold to Sell with a price target of $13.80 (from $11.00). Analyst Alan Hellawell III said the stock's rebound showed "potentially unrealistic circumstances are priced in."
"500.com 1Q missed DBe due to a larger than expected impact from the lottery sales suspension. The commission rate also... More
