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Sohu (SOHU -3.2%) is off after HSBC starts coverage with an Underweight and $37 PT. Shares of...

Sohu (SOHU -3.2%) is off after HSBC starts coverage with an Underweight and $37 PT. Shares of the Chinese search/portal/gaming firm have been pressured this year by concerns about the impact of its aggressive search R&D spending on its bottom line.
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