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WUBA

58.com

$58.59

-3.27 (-5.29%)

19:09
08/15/18
08/15
19:09
08/15/18
19:09

58.com sees Q3 revenue RMB3.45B-RMB3.55B

  • 16

    Aug

  • 10

    Sep

WUBA 58.com
$58.59

-3.27 (-5.29%)

02/12/18
LYON
02/12/18
UPGRADE
LYON
Buy
58.com upgraded to Buy from Outperform at CLSA
CLSA upgraded 58.com to Buy from Outperform citing valuation.
03/08/18
FBCO
03/08/18
NO CHANGE
Target $90
FBCO
Outperform
58.com price target raised to $90 from $80 at Credit Suisse
Credit Suisse analyst Thomas Chong noted that 58.com reported Q4 revenue and non-GAAP net income that were both ahead of the firm's and consensus estimates and that its Q1 revenue guidance was in-line with his view and consensus at the mid-point. He believes 58.com is demonstrating solid execution on its margin expansion and increased his price target on the shares to $90 following the quarterly report while keeping an Outperform rating on the stock.
03/09/18
BNCH
03/09/18
UPGRADE
Target $96
BNCH
Buy
58.com upgraded to Buy from Hold at Benchmark
Benchmark analyst Fawne Jiang upgraded 58.com to Buy from Hold citing its strong operating leverage, which is leading to "robust" earnings growth. Jiang set a $96 price target on 58.com shares.
03/09/18
03/09/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Akamai (AKAM) upgraded to Overweight from Neutral at JPMorgan, with analyst Sterling Auty saying management is embracing the right strategy proposed by activist investor Elliot Management by focusing on margin improvement, cybersecurity, and capital return. 2. Arthur J. Gallagher (AJG) upgraded to Outperform from Market Perform at William Blair, with analyst Adam Klauber saying an inflection point in funding mix should be a catalyst for the shares. 3. Williams (WMB) and Williams Partners (WPZ) were upgraded to Overweight from Neutral at JPMorgan. 4. 58.com (WUBA) upgraded to Buy from Hold at Benchmark, with analyst Fawne Jiang citing its strong operating leverage, which is leading to "robust" earnings growth. 5. Kohl's (KSS) upgraded to Outperform from Market Perform at Cowen, with analyst Oliver Chen saying he likes its improving fundamentals, modest valuation and sees mixed sentiment on the stock. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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