Sohu.com "outperform," target price raised
04/30/08 - RBC Capital Markets
NEW YORK, April 30 (newratings.com) - Analysts at RBC Capital Markets maintain their "outperform" rating on Sohu.com Inc (SOHU), while raising their estimates for the company. The target price has been raised from $65 to $80.
In a research note published yesterday, the analysts mention that the company has posted its 1Q08 revenues and adjusted EPS ahead of the estimates. The company has issued its revenue guidance for 2Q08 at $93-$96 million, with the guidance for both the branded advertising and online games segments ahead of expectations. The EPS estimates for 2008 and 2009 have been raised from $2.16 to $2.82 and from $2.82 to $4.12, respectively.
|Latest actions||previous | next|
|07/27/10||Sohu.com "sector perform," target price reduced||RBC Capital Markets|
|10/27/09||Sohu.com downgraded to "sector perform"||RBC Capital Markets|
|10/19/09||Sohu.com upgraded to "neutral"||Pali Research|