UPDATE: Morgan Stanley Initiates Youku Tudou at Overweight on Online Video Outlook in China

by Benzinga Staff
December 14, 2012 9:15 AM | 24 seconds read | Make a Comment

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Morgan Stanley initiated coverage on Youku Tudou (NYSE: YOKU) with an Overweight rating and a $21.10 price target. Morgan Stanley said, "Youku is emerging as a leading online TV station, well positioned to capitalize on the surging online video market in China. We believe the market has not fully appreciated that Youku is at an inflection point and will turn profitable by the end of 2013. We initiate at OW with a PT of US$21.10."Youku Tudou closed at $15.42 on Thursday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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Posted In: Analyst ColorInitiationPre-Market OutlookAnalyst RatingsMorgan Stanley

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