Market Overview

UPDATE: Morgan Stanley Downgrades on Low Visibility

Related SOHU
6 Stocks Moving On Alibaba's Q1 Beat
Earnings Scheduled For August 1, 2016

In a report published Tuesday, Morgan Stanley analyst Philip Wan downgraded the rating on (NASDAQ: SOHU) from Equal-Weight to Underweight, and lowered the price target from $60.70 to $57.60.

In the report, Morgan Stanley noted, “Despite solid performance from brand ads and Sogou, heavier investments in Changyou (online gaming) result in a softer 2014 margin outlook. Competition remains intense for its online video and search businesses. Move to UW due to low visibility on near-term margin with a new PT of US$57.6 per share.” closed on Monday at $71.55.

Latest Ratings for SOHU

Jul 2016CitigroupDowngradesBuyNeutral
Mar 2016Summit ResearchTerminatesHold
Feb 2016JP MorganDowngradesNeutralUnderweight

View More Analyst Ratings for SOHU
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Philip WanAnalyst Color Downgrades Analyst Ratings


Related Articles (SOHU)

View Comments and Join the Discussion!