Moving Stocks – SouFun (NYSE:SFUN) , JD.Com (NASDAQ:JD) , Polypore International (NYSE:PPO), Entree (NYSEMKT:EGI) , Power Solutions International (NASDAQ:PSIX)
In a report published on June 12, Deutsche Bank analyst Vivian Hao downgraded SouFun Holdings Ltd (NYSE:SFUN) from Buy to Hold and lowered the price target to $11.00. The company announced a 40 percent discount on nationwide subscription fee to secondary listing customers, making up approximately 25 percent of revenues. Deutsche Bank sees this as a “major downside surprise for the market,” The analyst sees … Continue reading Moving Stocks – SouFun (NYSE:SFUN) , JD.Com (NASDAQ:JD) , Polypore International (NYSE:PPO), Entree (NYSEMKT:EGI) , Power Solutions International (NASDAQ:PSIX)