SouFun Holdings (SFUN) Reports Q3 Loss of $0.03/Share; Lowers FY16 Revenue Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/13/2026

1. CSCO
2. CBRS
3. COHR
4. SPY
5. STUB
6. EAT
7. BTGO
8. NVDA
9. WYFI
10. ARX

Go back to SouFun Holdings (SFUN) Reports Q3 Loss of $0.03/Share; Lowers FY16 Revenue Outlook

Nomura Assumes, Downgrades SouFun Holdings (SFUN) to Reduce

November 28, 2016 3:54 PM EST

Nomur assumes and downgraded SouFun Holdings (NYSE: SFUN) from Buy to Reduce with a price target of $3.03 (from $6.79).

Analyst Elly Chen commented, "We assume coverage of Soufun and downgrade it to Reduce from Buy, given the difficulties in its new businesses, and uncertainties... More