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Tuesday, June 26, 2012

Stock Alert - Sohu.com (SOHU) +1.6% after receiving an upgrade to Buy from ThinkEquity - 6/26/12

Sohu.com (SOHU) +1.6% after receiving an upgrade to Buy from ThinkEquity. The firm thinks Sohu's Q2 top-line could modestly exceed estimates thanks to Sohu Video's revenue, and is also positive on the company's valuation (it trades at less than 11x consensus 2013 EPS) and the long-term potential of its Sogou search engine, which has been gaining share.

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