Seeking Alpha

In addition to upgrading Ctrip, Macquarie has lifted its rating on Youku Tudou (YOKU +6.3%) by...

In addition to upgrading Ctrip, Macquarie has lifted its rating on Youku Tudou (YOKU +6.3%) by two notches to Outperform. The firm says checks point to strong demand online video ads, sees ad rates rising 20%-30% next year, and thinks content costs are unlikely to move higher. Morgan Stanley launched coverage at Overweight on Friday on expectations of strong growth and future profitability.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)