JPMorgan assumes, Chinese internet stocks move [Seeking Alpha]
BITAUTO HOLDINGS (BITA)
Last bitauto holdings earnings: 3/26 06:00 am
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Source: Seeking Alpha
JPMorgan assumes, Chinese internet stocks moveJPMorgan assumes a slate of Chinese internet stocks: Bitauto Holdings (NYSE:BITA) at Overweight with a $38 target, Phoenix New Media (NYSE:FENG) at Overweight and $10; Sina (NASDAQ:SINA) at Overweight and $150, Weibo (NASDAQ:WB) at Overweight and $118, Autohome (NYSE:ATHM) at Neutral and $80, and Fang Holdings (NYSE:SFUN) at Neutral and $3.60.Firm upgrades Leju Holdings (NYSE:LEJU) from Neutral to Underweight and increases the target rom $1.60 to $3.60.Premarket price movements: BITA-1.3% to $22.25, FENG+2.4% to $4.78, SINA+0.3% to $72.30, WB+0.3% to $80.30, SFUN-0.3% to $3, and LEJU+3.1% to $2.01.Source: StreetAccount.See all stocks on the move »Now read:When Weibo Goes Down, Its Good News »Subscribefor full text news in your inbox
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