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Baidu Creating A New Music Company: Here's What You Should Know
Friday, December 4, 2015 - 4:19pm | 333Baidu Inc (ADR) (NASDAQ: BIDU) recently announced that Baidu Music would be merging with Taihe Entertainment Group to create a new company. In a report issued Friday, Deutsche Bank analyst Alan Hellawell III took a look into initiative, and Baidu’s general tendency to opening assets...
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Baidu Analysts Mostly Positive Heading Into Earnings; Mobile Search Monetization In Focus
Monday, July 27, 2015 - 12:59pm | 812Baidu Inc (ADR) (NASDAQ: BIDU) is scheduled to report its second quarter results after Monday's market close. The Estimize community (based on 62 estimates) is calling for the company to earn $1.85 per share on revenue of $2.629 billion. This compares to the Wall Street consensus estimate...
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Deutsche Bank On Baidu: 'Out Of Sight, Not Out Of Mind'
Friday, January 16, 2015 - 9:20am | 159Alan Hellawell III of Deutsche Bank on Friday maintained a Buy rating on shares of Baidu Inc (ADR) (NASDAQ: BIDU) with a $261 price target based on a continued belief that the company will see 40 percent year-ove- year top-line growth in 2015. “Having spent much of 2014 solidifying its...
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Deutsche Bank Remains Bullish On Alibaba
Thursday, November 6, 2014 - 9:49am | 169Analysts at Deutsche Bank commented on shares of Alibaba Group Holding (NYSE: BABA) following the company’s financial results. Alan Hellawell III maintained the Buy rating with a $112 price target. Hellawell III highlighted positives moving forward: Alibaba is getting ready for its...
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UPDATE: Deutsche Bank Initiates Coverage On JD.com
Wednesday, October 29, 2014 - 8:28am | 228Deutsche Bank initiated coverage on JD.com Inc(ADR) (NASDAQ: JD) Wednesday with a Hold rating and $26.60 price target. Analyst Alan Hellawell III expected the company "to continue to gain market share by leveraging its fully-integrated fulfillment infrastructure and inhouse delivery...
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UPDATE: Deutsche Bank Initiates Coverage On Alibaba On Positive Outlook
Wednesday, October 29, 2014 - 7:57am | 138In a report published Wednesday, Deutsche Bank analyst Alan Hellawell III initiated coverage on Alibaba Group Holding Ltd (NYSE: BABA) with a Buy rating and $112.70 price target. In the report, Deutsche Bank noted, “Alibaba marked the first stage of its evolution with the roll-out of a largely...
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Deutsche Bank Previews 500.com's Q3
Wednesday, October 15, 2014 - 4:36pm | 186Deutsche Bank issued a research note Tuesday on 500.com Ltd. (NYSE: WBAI) with a Q3 2014 preview and information on a new payout impact. The firm maintained a Buy rating. Analysts led by Alan Hellawell III noted that the "industry payout ratio raise (from 69 percent to 73 percent) of...
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Deutsche Bank Sees Broadly Constructive Trends For Vipshop
Wednesday, October 15, 2014 - 9:50am | 94In a report published Wednesday, Deutsche Bank analyst Alan Hellawell III reiterated a Buy rating and $243.00 price target on Vipshop Holdings Ltd. (NYSE: VIPS). In the report, Deutsche Bank noted, “Having recently finished a series of onsite visits and calls with VIPS senior mgmt, we believe the...
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UPDATE: Deutsche Bank Upgrades 500.com Ltd
Tuesday, September 16, 2014 - 9:01am | 150Analysts at Deutsche Bank upgraded shares of 500.com Ltd (NYSE: WBAI) to Buy and maintained the $40 price target Tuesday. Following Monday's sell off, coupled with post-World Cup momentum, Alan Hellawell III sees upside in shares of 500.com Ltd. In addition, 500.com is extending its...
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UPDATE: Deutsche Bank Initiates Coverage on Qunar, Awaiting Zhixin Impact
Wednesday, November 27, 2013 - 8:10am | 127In a report published Wednesday, Deutsche Bank analyst Alan Hellawell III initiated a Hold on Qunar (NASDAQ: QUNR) and set a price target of $22.10. In the report, Deutsche Bank said, "Qunar is well underway in transforming itself from a travel search and travel comparison provider to a total...
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Deutsche Bank Reiterates on Youku Tudou on In-Line 3Q Revenue, Weak 4Q Outlook
Friday, November 15, 2013 - 12:15pm | 174In a report published Friday, Deutsche Bank analyst Alan Hellawell III reiterated a Hold rating and $23.00 price target on Youku Tudou (NYSE: YOKU). In the report, Deutsche Bank noted, “Youku booked total rev of Rmb858m in 3Q, slightly beat DBe/consensus by 1%/1%. Yet, 3Q ad rev (Rmb745m) fell...
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UPDATE: Deutsche Bank Upgrades Vipshop Holdings Following Channel Checks
Wednesday, September 18, 2013 - 10:08am | 135In a report published Wednesday, Deutsche Bank analyst Alan Hellawell III upgraded the rating on Vipshop Holdings Ltd. (NYSE: VIPS) from Hold to Buy, and raised the price target from $43.00 to $66.00. In the report, Deutsche Bank noted, “Channel checks suggest a rebound in VIPS traffic in Jul/Aug...
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UPDATE: Deutsche Bank Downgrades Youku Tudou on Lack of Near-Term Catalysts
Monday, August 12, 2013 - 11:24am | 144In a report published Monday, Deutsche Bank analyst Alan Hellawell III downgraded Youku Tudou (NYSE: YOKU) from Buy to Hold, but raised the price target from $22.84 to 23.00. In the report, Deutsche Bank noted, “We do not see any catalysts driving Youku outperformance in the next 12 months due...
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UPDATE: Deutsche Bank Downgrades YY on Valutation
Friday, August 2, 2013 - 11:27am | 129In a report published on Friday, Deutsche Bank Markets Research analyst Alan Hellawell III downgraded YY (NASDAQ: YY) from Buy to Hold and raised the price target on the company from $30 to $46. In the report, Deutsche Bank Markets Research stated, "YY's solid execution and innovative business...