Youku Tudou upgraded to Outperform from Underperform at Macquarie Macquarie upgraded Youku two notches following checks that indicate strong demand for online video ads and expectations for increased rates in 2013 by 20%-30%. The firm believes Youku's revenue growth will start to accelerate and notes content costs are unlikely to move higher. Price target is $21.
Youku Tudou upgraded to Neutral following Q2 report at Mizuho As previously reported, Mizuho upgraded Youku Tudou to Neutral from Underperform and maintained its $18 price target. The firm upgraded shares citing the Q2 beat and expects the consumer business to diversify and drive top line growth, and improve margin.
Youku Tudou upgraded to Buy from Hold at T.H. Capital T.H. Capital analyst Tian Hou upgraded Youku Tudou to Buy with a $33 price target. The company's Q2 results on August 20 should be solid and it is well positioned to benefit from the upcoming market consolidation, Hou tells investors in a research note.