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BITA

Bitauto

$15.34

0.25 (1.66%)

05:25
11/26/19
11/26
05:25
11/26/19
05:25

Bitauto sees Q4 revenue $342.8M-$356.8M, consensus $412.8M

  • 26

    Nov

BITA Bitauto
$15.34

0.25 (1.66%)

11/29/18
FBCO
11/29/18
DOWNGRADE
FBCO
Neutral
Bitauto downgraded to Neutral from Outperform at Credit Suisse
06/28/19
JPMS
06/28/19
DOWNGRADE
Target $3.5
JPMS
Underweight
JPMorgan cautious on China ad recovery, downgrades Sogou, cuts Baidu target
JPMorgan analyst Alex Yao last night downgraded Sogou (SOGO) to Underweight from Neutral and lowered his price target for the shares to $3.50 from $5.50. The analyst says he found no evidence to support the "widely adopted optimism" on an advertising growth recovery in the second half of 2019 for the China Internet sector. As a result, he's cautious on names with high exposure to online ads, or Baidu (BIDU), Weibo (WB), Sogou, Focus Media, Autohome (ATHM), and Bitauto (BITA). Yao downgraded both Sogou and Focus Media to Underweight and lowered his price target for Neutral-rated Baidu to $120 from $150.

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