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| Name | JP Morgan Cuts Sohu.com Target To $68 From $91 |
| Video Uploader | Video From FinancialNewsOnline |
| Upload Date | This Video Uploaded At 12-01-2012 15:47:24 |
| Video Discription | JP Morgan (NYSE:JPM) cut its price target on shares of Sohu.com (NASDAQ:SOHU) from $91 to $68, but shares of the company are still trading 2% higher premarket. The company's shares are being buoyed by the fact that JPM's new target price still shows 28% of upside from its current price as analysts maintained their Overweight rating. Sohu.com (NASDAQ:SOHU) has potential upside of 51.1% based on a current price of $53.79 and an average consensus analyst price target of $81.27. Sohu.com is currently above its 50-day moving average (MA) of $52.43 and should find resistance at its 200-day MA of $70.79. |
| Category | News & Politics |
| Tags | SOHU | business | finance | investing | stock | trading | news |
