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Brean Sharply Boosts Sina's Price Target From $65 To $100
Wednesday, September 14, 2016 - 9:10am | 289Read More...Brean Capital has sharply raised the target price of SINA Corp (NASDAQ: SINA) to $100 from $65, citing the substantial valuation gap between Sina and WB (its largest asset). "We believe the valuation gap between the two companies creates attractive opportunities for both investors as well as for...
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China Lodging To Increase Quality Controls, Brean Raises Price Target
Wednesday, August 17, 2016 - 10:54am | 219Read More...Brean Capital raised the price target on China Lodging Group, Ltd (ADR) (NASDAQ: HTHT) by $4 to $48 after the company reported solid Q2 results with improving RevPAR trend year-over-year for a second consecutive quarter. "While store opening is on the softer side due to the quality control...
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Brean Capital Sees 24% Upside In Alibaba Shares
Friday, August 12, 2016 - 1:21pm | 308Read More...Fawne Jiang raised Alibaba Group Holding Ltd's (NYSE: BABA) price target from $100 to $115 while maintaining the company's Buy rating. The analyst was impressed with Alibaba's stronger than expected earnings report on Thursday. "Going forward, we expect BABA's core...
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Brean Capital Analysts See NetEase Continuing To Gain Market Share
Monday, July 18, 2016 - 8:05am | 251Read More...NetEase Inc (ADR) (NASDAQ: NTES) appears well positioned for the growth opportunities presented by China’s mobile game market and is likely to gain further share in this market, Brean Capital’s Fawne Jiang said in a report. He initiated coverage of the company with a Buy rating and a...
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Brean Initiates SouFun At Hold, Concerned With 'Business In Transition'
Tuesday, June 7, 2016 - 9:32am | 308Read More...SouFun Holdings Ltd (NYSE: SFUN) reported mixed results for 1Q, with the revenue beating expectations and the EPS missing the forecasts. The company also raised its 2016 guidance. Brean Capital’s Fawne Jiang initiated coverage of SouFun Holdings with a Hold rating. Positives “We are...
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Brean Capital Initiates Autohome At Buy Citing E-Commerce Expansion, Sets $31 Target
Monday, June 6, 2016 - 8:53am | 149Read More...Brean Capital's Fawne Jiang initiated Autohome Inc (ADR) (NYSE: ATHM) at Buy, with a price target of $31.00. The initiation comes after Autohome reported Q1 EPS of $0.39 and revenue of $169.6 million last week. Jiang is optimistic on Autohome's strategic push to expand into e-commerce. "We believe...
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Brean Sets Buy Rating, $65 Target On 58.com
Friday, June 3, 2016 - 10:33am | 323Read More...Brean Capital has initiated coverage of 58.com Inc (ADR) (NYSE: WUBA) with a Buy rating and $65 target price, citing strong growth with operating leverage in the coming years. "We believe WUBA offers attractive investment opportunities for investors to participate in the fast growth of a...
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Brean Likes Alibaba's Progress In Changing The Dynamics Of The Industry
Wednesday, May 4, 2016 - 9:36am | 314Read More...Brean Capital’s Fawne Jiang expects Alibaba Group Holding Ltd (NYSE: BABA) to report robust FY4Q16 results, with in-line GMV and year-on-year take rate improvement, primarily driven by “improving mobile monetization as well as continued focus/shift towards scalable merchants.”...
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Brean Upgrades Baidu To Buy, Sets $235 Price Target
Friday, April 29, 2016 - 8:30am | 281Read More...Baidu Inc (ADR) (NASDAQ: BIDU) reported Q1 results with revenue in-line with the consensus and the EPS ahead of expectations. The company also announced robust Q2 guidance. Brean Capital’s Fawne Jiang upgraded the rating on the company from Hold to Buy, with a $235 price target. “...
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Brean Expects Solid Growth From Sina, Driven By Weibo
Thursday, March 3, 2016 - 9:25am | 268Read More...Brean Capital's Fawne Jiang maintained a Buy rating on SINA Corp (NASDAQ: SINA), with a price target of $55. The company reported strong Q4 results, driven primarily by robust growth at Weibo. SINA's non-GAAP net revenue beat the consensus, while brand advertising grew 23 percent year-...
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Why Baidu's Margins Are Still A Concern
Sunday, November 1, 2015 - 9:25am | 300Read More...Baidu Inc (ADR) (NASDAQ: BIDU) shares are down 26 percent year-to-date, despite having risen 23 percent since October 1. Brean Capital’s Fawne Jiang maintained a Hold rating on the company. The company’s O2O investment is making headway but investment will continue to weigh on...
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Does Wall Street Still Love Alibaba?
Wednesday, October 28, 2015 - 11:04am | 1003Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost nearly 25 percent of its value year-to-date. The stock surged as high as $85.24 on Tuesday following its second-quarter print, but gave up most of its gains and closed the day $79.41. Analyst at Wedbush highlighted ongoing macro...
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Brean Capital Reviews Changyou, Sohu Earnings
Tuesday, April 28, 2015 - 8:28am | 405Read More...Changyou.Com Ltd (NASDAQ: CYOU) and Sohu.com Inc (NASDAQ: SOHU) both reported quarterly results on Monday after market close. On Tuesday, Brean Capital's China Consumer and Internet analyst Fawne Jiang opined on both earnings reports. Changyou.com: Mobile On Track, PC Lackluster According to Jiang...
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5 Key Things Brean Analysts Are Watching At Baidu
Tuesday, March 17, 2015 - 10:27am | 312Read More...In a report published Monday, Brean Capital analyst Fawne Jiang presented five key takeaways from a recent conference call with Baidu Inc's (NASDAQ: BIDU) Director of Investor Relations Sharon Ng. "Baidu has transitioned from a searchcentric platform to a multi-channel mobile and PC...
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Baidu's 'Double-Edged Sword' Explained
Thursday, February 12, 2015 - 10:10am | 215Read More...On Thursday, Brean Capital issued an earnings review on Baidu Inc (ADR) (NASDAQ: BIDU) after the company reported missed estimates a day before. Brean reiterated its Buy rating on the stock, but lowered its price target from $275 to $250. Regarding the miss, analysts Fawne Jiang and Long Lin...
