UPDATE: Brean Murray Carret Lowers Price Target on Changyou.com to $29

by John Harris, Benzinga Staff Writer
February 7, 2012 10:20 AM | 17 seconds read |
According to Brean Murray Carret, Changyou.com CYOU price target is lowered to $29. Brean Murray Carret said that total revenue excl. 17173.com was $125 MM, above consensus of $124 MM, largely driven by continued growth of TLBB upon its successful launch of TLBB3 in 4Q. Changyou.com closed yesterday at $25.31.
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