Youku.com, Inc. (YOKU) Posts Q1 adj.-Loss of 88c/ADS
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May 27, 2014 8:33 AM EDT
HSBC upgraded Youku Tudou (NYSE: YOKU) from Underweight to Neutral with a price target of $22.00 (unchanged).
For an analyst ratings summary and ratings history on Youku Tudou click here. For more ratings news on Youku Tudou click here.
Shares of Youku Tudou closed at $20.31 yesterday.
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May 23, 2014 8:46 AM EDT
Maxim Group analyst Echo He reiterated a Sell rating on Youku.com (NYSE: YOKU) and cut his price target to $16.00 (from $18.00) following Q1 revenue of $112.7M, 2% below consensus. GAAP EPS loss was ($0.22), narrower than their estimate of ($0.26) and consensus of ($0.23).
Saving on content cost was the main driver of lower-than-estimated loss, He noted.... More
May 23, 2014 8:10 AM EDT
Deutsche Bank maintained a Hold rating on Youku Tudou (NYSE: YOKU) and reduced its price target to $22.00 (from $28.00).
Analyst Alan Hellawell III said, "Youku booked total 1Q revenues of Rmb700m(+36%YoY), in line with the prior guidance range/DBe, but 3% below... More
