Cheetah Mobile (CMCM) Tops Q4 EPS by 61c, Offers Q1 Guidance
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Nomura/Instinet Downgrades Cheetah Mobile (CMCM) to Neutral
March 26, 2019 6:14 AM EDTNomura/Instinet analyst Carson Lo downgraded Cheetah Mobile (NYSE: CMCM) from Buy to Neutral with a price target of $7.00 (from $12.00).
The analyst comments "As a result of the negative publicity accusing Cheetah of engaging in fraudulent click injection, some overseas partners of Cheetah... More
