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BID

Sotheby's

$37.91

0.92 (2.49%)

16:29
10/05/16
10/05
16:29
10/05/16
16:29

Sotheby's CEO says full year Hong Kong sales matched results from 2015

"I am very pleased that Sotheby's Hong Kong sales demonstrated East Asia's resistance to uncertainty and softness in some Western markets and achieved the same full year sales this year as in 2015," commented Tad Smith, Sotheby's CEO. "East Asian confidence and bidding will be a very good thing for upcoming sales." Major sales in Asia in 2016 reached $690M and match 2015 results.

BID Sotheby's
$37.91

0.92 (2.49%)

02/26/16
BRRR
02/26/16
DOWNGRADE
BRRR
Market Perform
Sotheby's downgraded to Market Perform from Outperform at Barrington
02/26/16
BRRR
02/26/16
DOWNGRADE
BRRR
Market Perform
Sotheby's downgraded on slowing demand, employee losses at Barrington
As previously reported, Barrington analyst Kristine Koerber downgraded Sotheby's to Market Perform from Outperform, citing the company's loss of some senior employees, which she believes could result in a loss of important relationships and business, as well as slowing demand in the high-end art market.
04/14/16
STPT
04/14/16
DOWNGRADE
STPT
Hold
Sotheby's downgraded to Hold from Buy at Standpoint Research
08/09/16
COWN
08/09/16
NO CHANGE
Target $36
COWN
Market Perform
Sotheby's price target raised to $36 from $28 at Cowen
Cowen raised its price target on Sotheby's to $36 from $28 citing encouraging strategic initiatives focused on driving solid auction commission margins and judicial use of guarantees. Cowen maintained its Market Perform rating on Sotheby's shares.

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MSFT

Microsoft

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Weyerhaeuser

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SNY

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