HSBC Upgrades Youku Tudou (YOKU) to Neutral
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Youku.com (YOKU) PT Cut at Maxim Group; 'Sell' Reiterated
May 23, 2014 8:46 AM EDTMaxim 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
Youku Tudou (YOKU) PT Reduced to $22 at Deutsche Bank
May 23, 2014 8:10 AM EDTDeutsche 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
Youku.com, Inc. (YOKU) Posts Q1 adj.-Loss of 88c/ADS
May 23, 2014 6:21 AM EDTYouku.com, Inc. (NYSE: YOKU) reported Q1 EPS of (RMB0.88), RMB0.54 better than the analyst estimate of (RMB1.42). Revenue for the quarter came in at RMB700.4 million versus the consensus estimate of RMB712.74 million.
For the second quarter of 2014, the Company expects... More
