-
With Lockup Over, JP Morgan Sees 27% Upside In Alibaba
Friday, March 20, 2015 - 10:43am | 149Alibaba Group Holding Ltd (NYSE: BABA) is higher by more than 4 percent this week, despite the anticipated lock-up expiration. This is partly because many Wall Street firms have reiterated a belief that the Chinese retail giant will be a long-term outperformer. JP Morgan Analyst Alex Yao...
-
UPDATE: J.P. Morgan Reiterates on Phoenix New Media as 3Q Online Ads are Strong, Mobile Ad Monetization Gains Traction
Thursday, November 14, 2013 - 12:24pm | 129In a report published Thursday, J.P. Morgan analyst Alex Yao reiterated an Overweight rating on Phoenix New Media Ltd. (NYSE: FENG), and raised the price target from $14.00 to $15.00. In the report, J.P. Morgan noted, “3Q results demonstrate that China's media consumption continues to shift from...
-
UPDATE: J.P. Morgan Initiates Coverage on Ctrip.com on Multiple Positive Factors
Friday, August 30, 2013 - 9:12am | 125In a report published Friday, J.P. Morgan analyst Alex Yao initiated coverage on Ctrip.com International Ltd. (NASDAQ: CTRP) with a Neutral rating and $44.00 price target. In the report, J.P. Morgan noted, “We initiate coverage on Ctrip with a Neutral rating and a Jun-14 PT of USD44. The intensive...
-
UPDATE: J.P. Morgan Initiates Coverage on SouFun on Continued Solid Performance
Friday, August 30, 2013 - 9:11am | 117In a report published Friday, J.P. Morgan analyst Alex Yao initiated coverage on SouFun Holdings Limited (NYSE: SFUN) with an Overweight rating and $49.00 price target. In the report, J.P. Morgan noted, “We initiate coverage on SouFun with an Overweight rating and a Jun-14 PT of USD49. SouFun is a...
-
UPDATE: J.P. Morgan Initiates Coverage on YY on Multiple Positive Factors
Friday, August 30, 2013 - 9:11am | 111In a report published Friday, J.P. Morgan analyst Alex Yao initiated coverage on YY (NASDAQ: YY) with an Overweight rating and $47.00 price target. In the report, J.P. Morgan noted, “We initiate coverage of YY Inc with an Overweight rating and a Jun-14 PT of USD47. YY offers a rich-media platform...
-
UPDATE: J.P. Morgan Initiates Coverage on Qihoo 360 on Traffic Leader Position
Friday, August 30, 2013 - 9:11am | 127In a report published Friday, J.P. Morgan analyst Alex Yao initiated coverage on Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) with an Overweight rating and $94.00 price target. In the report, J.P. Morgan noted, “Initiating coverage on Qihoo with an Overweight rating and a Jun-14 PT of USD94. Qihoo...
-
UPDATE: J.P. Morgan Initiates Coverage on Phoenix New Media on Market Leader Position
Friday, August 30, 2013 - 9:10am | 130In a report published Friday, J.P. Morgan analyst Alex Yao initiated coverage on Phoenix New Media Ltd. (NYSE: FENG) with an Overweight rating and $11.00 price target. In the report, J.P. Morgan noted, “We initiate coverage on Phoenix New Media (PNM) with an Overweight rating and a Jun-14 PT of...