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Fly News Breaks for August 10, 2017
ATHM
Aug 10, 2017 | 05:28 EDT
Deutsche Bank analyst Alvin Jiang upgraded Autohome to Buy and raised his price target for the shares to $65 from $36 following the better than expected Q2 results. Investment into new initiatives will likely peak in 2017, which will bring better margins on new business in 2018, Jiang tells investors in a research note.
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