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SOGO

Sogou

$4.90 /

-0.035 (-0.71%)

08:06
01/13/20
01/13
08:06
01/13/20
08:06

Sogou upgraded to Buy on cost controls, growth acceleration at Jefferies

As previously reported, Jefferies analyst Thomas Chong upgraded Sogou to Buy from Hold with a price target of $5.72, up from $4.80. He estimates Sogou will hit the mid-point of revenue guidance at about $301M in the fourth quarter but also predicts better-than-expected margins, mainly due to lower-than-expected traffic acquisition costs. He expects Sogou's revenue growth to accelerate from total revenue growth in U.S. dollar terms of about 4% in the first half to 17% year-over-year in the second half of 2020, Chong noted.

SOGO Sogou
$4.90 /

-0.035 (-0.71%)

08/05/19 JEFF
Sogou initiated with a Hold at Jefferies
10/04/19 FBCO
Sogou upgraded to Outperform from Neutral at Credit Suisse
11/06/19 EGHT
Sogou downgraded to Hold from Accumulate at 86 Research
01/13/20 JEFF
Sogou upgraded to Buy from Hold at Jefferies

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Weyland Tech

$0.00 /

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The company also expects…

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Recommendations
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O-I Glass

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$243.71 /

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$15.55 /

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, FRO

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$10.81 /

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Latest data shows the…

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American Express

$135.11 /

+3.71 (+2.82%)

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United Airlines

$81.92 /

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D.R. Horton

$58.52 /

-0.475 (-0.81%)

Comments taken from the…

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Beyond Meat

$119.49 /

+0.95 (+0.80%)

, DENN

Denny's

$20.92 /

-0.23 (-1.09%)

Denny's (DENN)…

Denny's (DENN) announced that after an "overwhelmingly successful" Beyond Burger launch exclusively in Los Angeles restaurants, it will now offer Beyond Meat's (BYND) plant-based burger more than 1,700 locations across the U.S. and Canada. To celebrate the rollout, Denny's is offering a free Beyond Burger with the purchase of any beverage at all participating locations on January 30 from 11am to 10pm, while supplies last. Denny's says it is "meeting guests' desire to move toward a flexitarian diet." Its Chief Brand Officer John Dillon added, "The positive response we received validated our decision to partner with Beyond Meat to introduce our guests to a plant-based option. We could not be more excited to add the Beyond Burger to our permanent lineup of delicious, affordable menu options as we continue to innovate and expand our menu to meet evolving dietary preferences."

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Aeterna Zentaris

$1.23 /

-0.085 (-6.49%)

Aeterna Zentaris…

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CANN

General Cannabis

$0.00 /

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Chefs' Warehouse

$36.62 /

-0.38 (-1.03%)

The Chefs' Warehouse…

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Evoke Pharma

$1.48 /

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SVB Financial

$252.92 /

-6.49 (-2.50%)

Maxim analyst Michael…

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$19.50 /

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