E-Commerce China Dangdang DANG was downgraded Friday morning by Credit Suisse from Outperform to Neutral, while JP Morgan upgraded the stock from Underweight to Neutral.
Shares fell 11 percent Thursday after beating on earnings and revenue, but issuing disappointing guidance. The stock closed at $14.36, up 50 percent year to date.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in