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JPMorgan Downgrades Vipshop Amid 'Stubborn' Obstacles
Wednesday, May 18, 2016 - 8:37am | 309Vipshop Holdings Ltd – ADR (NYSE: VIPS) reported its 1Q results, with the top line beating the estimates, but coming in marginally below consensus. JPMorgan’s Vivian Hao downgraded the rating on the company from Overweight to Neutral, while lowering the price target from $15 to $11. 1Q...
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JPMorgan Shaves Alibaba's Price Target, Still Overweight On The Stock
Monday, March 28, 2016 - 8:12am | 270JPMorgan’s Vivian Hao maintained an Overweight rating for Alibaba Group Holding Ltd (NYSE: BABA), while reducing the price target from $90 to $88. Alibaba achieved total Rmb3tn GMV on March 21, broadly in-line with JPMorgan estimates for 4QFY16 China retail GMV of Rmb721bn, implying 20...
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Alibaba, Tencent Among JPMorgan's Top Chinese Internet Picks
Monday, February 29, 2016 - 4:53pm | 550JPMorgan said its top picks in Chinese Internet sector are Alibaba Group Holding Ltd (NYSE: wBABA), Tencent Holdings Ltd (OTC: TCTZF) (OTC: TCEHY), JD.Com Inc(ADR) (NASDAQ: JD), Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) and Weibo Corp (ADR) (NASDAQ: WB). Analyst Vivian Hao, who has an...
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JPMorgan Is Buying Alibaba, Calls This 'Elephant In The Room'
Wednesday, February 24, 2016 - 11:20am | 264JPMorgan's Vivian Hao has initiated coverage of Alibaba Group Holding Ltd (NYSE: BABA) with an Overweight rating and price target of $90. Hao believes that the stock is oversold due to concerns regarding the macro setbacks in China and the subsequent GMV deceleration. "In our view,...
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JPMorgan's Chinese Internet Pair Trade Says Short Sohu
Wednesday, February 24, 2016 - 10:59am | 402JPMorgan's Vivian Hao initiated coverage of Weibo Corp (ADR) (NASDAQ: WB) with an Overweight rating and a price target of $18, while downgrading the rating for Sohu.com Inc (NASDAQ: SOHU) from Neutral to Underweight and reducing the price target from $75 to $50. Weibo Against the backdrop...
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Tech Stocks: The Best...And The Worst Analyst Recommendations
Thursday, May 28, 2015 - 3:17pm | 1059The technology sector is one of the most popular among investors who are looking to to invest in the stock market. Analysts are always on the lookout for the next blockbuster company/stock, but making the right call at the right time is crucial. According to TipRanks, the most and least...
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Youku Earnings Preview: What Wall Street Has To Say
Wednesday, May 20, 2015 - 11:36am | 565Youku Tudou Inc (ADR) (NYSE: YOKU) is scheduled to report its first quarter results on Wednesday after market close. The Estimize consensus earnings per share estimate (based on four estimates) stands at a loss of $0.21 on revenue of $179.33 million. This compares to the Wall Street consensus...
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Deutsche Bank: Alibaba Is Refocusing On Core Strategies To Gain Advantage Over Competitors
Thursday, March 12, 2015 - 8:54am | 260Deutsche Bank issued a report on Alibaba Group Holding Ltd (NYSE: BABA). The firm rates Alibaba as a Buy and reduced its one-year price target from $105.10 to $98. The report was written before news of Alibaba investing $200 million in Snapchat came out on Wednesday afternoon. Deutsche Bank...
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UPDATE: Deutsche Bank Reiterates On Ctrip.com International Ltd. On Q3 Preview
Thursday, November 20, 2014 - 11:24am | 158In a report published Thursday, Deutsche Bank analyst Vivian Hao reiterated a Buy rating on Ctrip.com International Ltd. (NASDAQ: CTRP), but lowered the price target from $77.00 to $70.00. In the report, Deutsche Bank noted, “We expect Ctrip's core business lines such as hotel and air ticketing...
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UPDATE: Deutsche Bank Reiterates On Ctrip.com On Solidified Partnership With PLCN
Thursday, August 7, 2014 - 11:14am | 170In a report published Thursday, Deutsche Bank analyst Vivian Hao reiterated a Buy rating on Ctrip.com (NASDAQ: CTRP), and raised the price target from $73.00 to $80.00. In the report, Deutsche Bank noted, “Ctrip and Priceline announced today an extended partnership (previously, in Aug 2012, the two...
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UPDATE: Deutsche Bank Downgrades SouFun On Take-Rate Drops, NP Impact From Discounting
Thursday, June 12, 2014 - 10:31am | 166In a report published Thursday, Deutsche Bank analyst Vivian Hao downgraded SouFun (NYSE: SFUN) from Buy to Hold and lowered the price target to $11.00. The company announced a 40 percent discount on nationwide subscription fee to secondary listing customers, making up approximately 25 percent of...
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UPDATE: Deutsche Bank Downgrades NetEase Following 3Q Revenue Report, Bottom-Line Miss
Friday, November 15, 2013 - 11:57am | 151In a report published Friday, Deutsche Bank analyst Vivian Hao downgraded the rating on NetEase (NASDAQ: NTES) from Buy to Hold, and lowered the price target from $73.00 to $66.00. In the report, Deutsche Bank noted, “NetEase recorded 3Q total gross revenues of Rmb2.5b (+4%QoQ/23%YoY), broadly in-...
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UPDATE: Deutsche Bank Downgrades NetEase in Light of a Projected Painful Transition
Thursday, November 14, 2013 - 9:09am | 142In a report published Thursday, Deutsche Bank analyst Vivian Hao downgraded NetEase (NASDAQ: NTSE) from a Buy rating to a Hold rating and lowered the price target from $73.00 to $66.00. In the report, Deutsch Bank says "NetEase recorded 3Q total gross revenues of Rmb2.5b (+4%QoQ/23%YoY), broadly...
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UPDATE: Deutsche Bank Upgrades Ctrip.com on Emerging Market Leader Position
Wednesday, September 25, 2013 - 11:30am | 139In a report published Wednesday, Deutsche Bank analyst Vivian Hao upgraded the rating on Ctrip.com International Ltd. (NASDAQ: CTRP) from Hold to Buy, and raised the price target from $35.20 to $65.00. In the report, Deutsche Bank noted, “Emerging as a clear leader in mobile. Recent channel checks...
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UPDATE: Deutsche Bank Raises PT on Sohu.com Following Announcement of Tencent Investment in Sogou
Tuesday, September 17, 2013 - 12:12pm | 140In a report published Tuesday, Deutsche Bank analyst Vivian Hao reiterated a Hold rating on Sohu.com (NASDAQ: SOHU), and raised the price target from $54.00 to $74.00. In the report, Deutsche Bank noted, “Sohu has announced that Tencent will acquire up to 40% equity interest in its search...