Echo He

In a report published Thursday, Maxim Group analyst Echo He initiated coverage on YY (NASDAQ: YY) with a Buy rating and $90.00 price target. In the report, Maxim Group noted, “We are initiating coverage of YY Inc. (YY) with a Buy rating and a 12-month price target of $90. YY is a leading internet...

On Tuesday, Maxim Group downgraded shares of Sina Corp (NASDAQ: SINA) from Buy to Hold and removed the $90 price target. Shares of Sina are down 3.5 percent to $66.50 following the downgrade. Analyst Echo He believes Sina's valuation “should be affected by Alibaba's (private) purchase of the Weibo...

In a report published Friday, Maxim analyst Echo He upgraded Baidu (NASDAQ: BIDU) to Buy from Hold, maintaining its $200.00 price target. According to the report, the upgrade is mainly based on continued growth of China's internet economy, BIDU's mobile/PC market leadership and increasing efforts...

In a report published Tuesday, Maxim Group analyst Echo He reiterated a Buy rating and $96.00 price target on Qihoo 360 Technology Co. Ltd. (NYSE: QIHU). In the report, Maxim Group noted, “QIHU is reporting its 3Q13 earnings results on Monday, November 25, before the Market opens, with a...

In a report published Friday, Maxim Group analyst Echo He reiterated a Hold rating on Youku Tudou (NYSE: YOKU). In the report, Maxim Group noted, “Last night YOKU reported 3Q13 revenue of RMB858M ($140M), 1% above consensus. Ad revenue was RMB745M ($122M), representing 3% q/q growth, significantly...

In a report published Wednesday, Maxim Group analyst Echo He upgraded the rating on Baidu (NASDAQ: BIDU) from Sell to Hold, but removed the $95.00 price target. In the report, Maxim Group noted, “We believe BIDU's near-term top line growth, mainly driven by solid core (PC) business, will likely...

In a report published Thursday, Maxim Group analyst Echo He upgraded SINA (NASDAQ: SINA) from Hold to Buy, and named a $58.00 price target. In the report, Maxim Group noted, “Weibo may regain market share as an important collaborator of Alibaba (private). Starting in August, Alibaba blocked...

In a report published Thursday, Maxim Group analyst Echo He reiterated a Sell rating on Baidu (NASDAQ: BIDU), and raised the price target from $75.00 to $95.00. In the report, Maxim Group noted, “Revenues strong while margins continued to decline. BIDU reported 2Q13 gross revenue of $1,232M, 1....

In a report published Friday, Maxim Group analyst Echo He upgraded SINA (NASDAQ: SINA) from Sell to Hold, but removed the $48.00 price target. In the report, Maxim Group noted, “We are upgrading SINA to Hold, from Sell, and removing our 12-month price target of $48. We expect margins to improve...