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.
News For YOKU From The Last 14 Days
Check below for free stories on YOKU the last two weeks.
Youku Tudou volatility increases as shares near six-month low Youku Tudou May call option implied volatility is at 89, June is at 73, September is at 62; compared to its 26-week average of 64 according to Track Data, suggesting large near term price movement.