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Fly News Breaks for May 17, 2019
ATHM
May 17, 2019 | 08:42 EDT
JPMorgan analyst Binbin Ding upgraded Autohome to Neutral from Underweight and raised his price target for the shares to $90 from $65. The analyst no longer sees downside risk to Autohome's 2019 earnings outlook given its "solid" results and better than expected Q2 guidance. His increased price target reflects higher visibility on the company's 2019 financial outlook.
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