Fang Holdings (SFUN) Misses Q1 EPS by 1c

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SouFun Holdings (SFUN) PT Lowered to $4.60 at BofA/Merrill Lynch on Q1 Miss; 'Bottom Line Miss Due to Offline Cost'

June 21, 2017 9:06 AM EDT

BofA/Merrill Lynch lowered its price target on SouFun Holdings (NYSE: SFUN) to $4.60 (from $5.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Nora Zhang notes the company delivered first quarter earnings per share and revenue results below... More