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Benchmark Downgrades Autohome On Growth Outlook Concerns Amid Weakness In Auto Sales
Friday, July 19, 2019 - 2:11pm | 248Read More...Continuous weakness in auto sales is likely to limit OEM ad spending across all channels, which adversely impacts Autohome Inc’s (NYSE: ATHM) growth outlook, according to Benchmark. The Analyst Benchmark’s Fawne Jiang downgraded Autohome from Buy to Hold. The Thesis Auto dealers in...
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Brean Gives 3 Reasons To Buy Ctrip
Friday, November 25, 2016 - 9:19am | 377Read More...Brean Capital’s Fawne Jiang believes Ctrip.Com International Ltd (ADR) (NASDAQ: CTRP) shares present a “unique opportunity” for investors, especially given that there are several levels in the business model expected to play out over the next few years. Jiang maintains a Buy...
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Brean Following Sina's Q3 Results: 'Solid Growth Empowered By Weibo'
Tuesday, November 22, 2016 - 10:57am | 345Read More...Brean Capital maintains its Buy rating on SINA Corp (NASDAQ: SINA) following the online media company’s better-than-expected third-quarter results on robust ad growth from Weibo Corp (ADR) (NASDAQ: WB), which saw continued user growth and accelerated monetization from KA. Quarter Results Sina...
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Alibaba Shares Are Hot This Week; Here's Why
Thursday, September 22, 2016 - 4:22pm | 371Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have been on fire recently, up 7 percent in the last two trading sessions. Sentiment surrounding the Chinese e-commerce giant is overwhelmingly bullish, with analysts seeing several opportunities for growth in the future. UBS and Stifel both raised...
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DingTalk, Alibaba's Mobile Office Enterprise App, Just Launched This Week
Thursday, September 22, 2016 - 8:21am | 249Read More...Alibaba Group Holding Ltd (NYSE: BABA) launched V3.0 of its DingTalk app on September 19. This development could “further enhance the synergy between corporate cloud computing & mobile internet,” Brean Capital’s Fawne Jiang said in a report. He maintained a Buy rating on the...
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Brean Sharply Boosts Sina's Price Target From $65 To $100
Wednesday, September 14, 2016 - 9:10am | 289Read More...Brean Capital has sharply raised the target price of SINA Corp (NASDAQ: SINA) to $100 from $65, citing the substantial valuation gap between Sina and WB (its largest asset). "We believe the valuation gap between the two companies creates attractive opportunities for both investors as well as for...
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China Lodging To Increase Quality Controls, Brean Raises Price Target
Wednesday, August 17, 2016 - 10:54am | 219Read More...Brean Capital raised the price target on China Lodging Group, Ltd (ADR) (NASDAQ: HTHT) by $4 to $48 after the company reported solid Q2 results with improving RevPAR trend year-over-year for a second consecutive quarter. "While store opening is on the softer side due to the quality control...
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Brean Capital Sees 24% Upside In Alibaba Shares
Friday, August 12, 2016 - 1:21pm | 308Read More...Fawne Jiang raised Alibaba Group Holding Ltd's (NYSE: BABA) price target from $100 to $115 while maintaining the company's Buy rating. The analyst was impressed with Alibaba's stronger than expected earnings report on Thursday. "Going forward, we expect BABA's core...
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Brean Capital Analysts See NetEase Continuing To Gain Market Share
Monday, July 18, 2016 - 8:05am | 251Read More...NetEase Inc (ADR) (NASDAQ: NTES) appears well positioned for the growth opportunities presented by China’s mobile game market and is likely to gain further share in this market, Brean Capital’s Fawne Jiang said in a report. He initiated coverage of the company with a Buy rating and a...
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Brean Initiates SouFun At Hold, Concerned With 'Business In Transition'
Tuesday, June 7, 2016 - 9:32am | 308Read More...SouFun Holdings Ltd (NYSE: SFUN) reported mixed results for 1Q, with the revenue beating expectations and the EPS missing the forecasts. The company also raised its 2016 guidance. Brean Capital’s Fawne Jiang initiated coverage of SouFun Holdings with a Hold rating. Positives “We are...
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Brean Capital Initiates Autohome At Buy Citing E-Commerce Expansion, Sets $31 Target
Monday, June 6, 2016 - 8:53am | 149Read More...Brean Capital's Fawne Jiang initiated Autohome Inc (ADR) (NYSE: ATHM) at Buy, with a price target of $31.00. The initiation comes after Autohome reported Q1 EPS of $0.39 and revenue of $169.6 million last week. Jiang is optimistic on Autohome's strategic push to expand into e-commerce. "We believe...
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Brean Sets Buy Rating, $65 Target On 58.com
Friday, June 3, 2016 - 10:33am | 323Read More...Brean Capital has initiated coverage of 58.com Inc (ADR) (NYSE: WUBA) with a Buy rating and $65 target price, citing strong growth with operating leverage in the coming years. "We believe WUBA offers attractive investment opportunities for investors to participate in the fast growth of a...
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Brean Likes Alibaba's Progress In Changing The Dynamics Of The Industry
Wednesday, May 4, 2016 - 9:36am | 314Read More...Brean Capital’s Fawne Jiang expects Alibaba Group Holding Ltd (NYSE: BABA) to report robust FY4Q16 results, with in-line GMV and year-on-year take rate improvement, primarily driven by “improving mobile monetization as well as continued focus/shift towards scalable merchants.”...
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Brean Upgrades Baidu To Buy, Sets $235 Price Target
Friday, April 29, 2016 - 8:30am | 281Read More...Baidu Inc (ADR) (NASDAQ: BIDU) reported Q1 results with revenue in-line with the consensus and the EPS ahead of expectations. The company also announced robust Q2 guidance. Brean Capital’s Fawne Jiang upgraded the rating on the company from Hold to Buy, with a $235 price target. “...
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Brean Expects Solid Growth From Sina, Driven By Weibo
Thursday, March 3, 2016 - 9:25am | 268Read More...Brean Capital's Fawne Jiang maintained a Buy rating on SINA Corp (NASDAQ: SINA), with a price target of $55. The company reported strong Q4 results, driven primarily by robust growth at Weibo. SINA's non-GAAP net revenue beat the consensus, while brand advertising grew 23 percent year-...












