Market Overview

UPDATE: Morgan Stanley Downgrades on Low Visibility

Related SOHU
Brean Capital Reviews Changyou, Sohu Earnings
Earnings Scheduled For April 27, 2015
Baidu's Struggles May Be Bigger Than Realized (Seeking Alpha)

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

Apr 2015Credit SuisseDowngradesOutperformNeutral
Apr 2015Summit ResearchInitiates Coverage onHold
Jul 2014CitigroupInitiates Coverage onBuy

View More Analyst Ratings for SOHU
View the Latest Analyst Ratings

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


Related Articles (SOHU)

Around the Web, We're Loving...

Get Benzinga's Newsletters