Nomura upgraded shares of Youku Tudou Inc (ADR) (NASDAQ:YOKU) from a neutral rating to a buy rating in a research report released on Friday morning,TheFlyOnTheWall.com reports.
Nomura has also taken action a number of other stocks recently. The firm reiterated its neutral rating on shares of Vodafone Group Plc (ADR). Also, Nomura upgraded shares of Lloyds Banking Group PLC (ADR) from a neutral rating to a buy rating.
A number of other firms have also recently commented on YOKU. Analysts at Goldman Sachs upgraded shares of Youku Tudou Inc (ADR) from a sell rating to a neutral rating in a research note on Wednesday, April 16th. They now have a $27.00 price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Youku Tudou Inc (ADR) from $29.00 to $28.00 in a research note on Monday, March 3rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Youku Tudou Inc (ADR) currently has a consensus rating of Hold and a consensus target price of $29.60.
Source: WatchListNews April 28th 2014
