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.