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Fly News Breaks for May 13, 2015
SOHU
May 13, 2015 | 12:27 EDT
As previously reported, JPMorgan downgraded Sohu.com (SOHU) to Neutral from Overweight. The firm downgraded the stock based on valuation and said most of Changyou's (CYOU) earnings upside is reflected in the share price. JPMorgan raised Sohu.com's price target to $77 from $74.
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