Deutsche Bank analyst Han Joon Kim upgraded Changyou.com (CYOU) to Buy and raised his price target for the shares to $52 from $44. The "knee-jerk" selloff to the company's Q3 earnings miss on a non-cash impairment cost offers an attractive opportunity to get into the stock, Kim tells investors in a research note. If the privatization bid is accepted, investors can realize gains of 14.5%, and if the bid is rejected, the stock offers "option value to growth to new game releases," the analyst contends. Kim this morning also downgraded Sohu.com (SOHU) to Hold.