Bitauto (BITA) Misses Q1 EPS by 46c

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Morgan Stanley Downgrades Bitauto Holdings (BITA) to Underweight

May 16, 2016 7:07 AM EDT

Morgan Stanley downgraded Bitauto Holdings (NYSE: BITA) from Equalweight to Underweight with a price target of $20.00 (from $28.00).

For an analyst ratings summary and ratings history on Bitauto Holdings click here. For more ratings news on Bitauto Holdings click here.

Shares of Bitauto Holdings closed at $21.44 yesterday.

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