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Brean Capital Reacts to Mixed 4Q Results for

Related SOHU
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In a report published Tuesday, Brean Capital analyst Fawne Jiang reiterated a Hold rating on (NASDAQ: SOHU).

In the report, Brean Capital noted, "SOHU reported mixed 4Q results and provided soft 1Q guidance with both revenue growth and earnings missing expectations. With SOHU's game growth outlook remaining uncertain and the transition of its portal ad business from PC to mobile, we may likely see near-term pressure on the company's overall top-line growth despite solid revenue growth from its online video business and search segment."

The report continued, "Additionally, while we are encouraged to see CYOU's return of profitability, Sogou's improving profitability and management's cost control efforts, we believe SOHU will face ongoing margin pressure as it continues to invest in mobile, video and search. As such, we will remain on the sidelines until we get better visibility on revenue reacceleration of its gaming business and on improving earnings potential for the company. We maintain our Hold rating on SOHU." closed on Monday at $51.62.

Latest Ratings for SOHU

Apr 2017BenchmarkInitiates Coverage OnHold
Sep 2016Deutsche BankInitiates Coverage onBuy
Aug 2016JP MorganAssumesUnderweight

View More Analyst Ratings for SOHU
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Posted-In: Brean Capital Fawne JiangAnalyst Color Reiteration Analyst Ratings


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