RBC reiterates outperform, raising PT to $335.
CS downgrades to underperform from neutral,
raising PT to $250 from $200. Cites slower
switchover to Phoenix Nest, and the chance of
more competition from vertical search engines
(presumably Taobao) as the main drawbacks.
Increases 2009 estimate 3% and 2010 estimate
2%. GS reiterates conviction buy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment