Youku.com Downgraded to Sell at Maxim Group (YOKU)
Youku.com (NASDAQ:YOKU) was downgraded by stock analysts at Maxim Group from a “hold” rating to a “sell” rating in a report issued on Wednesday, TheFlyOnTheWall.com reports. They currently have a $24.00 price target on the stock. Maxim Group’s price objective suggests a potential downside of 24.95% from the stock’s previous close.
Shares of Youku.com (NASDAQ:YOKU) opened at 31.98 on Wednesday. Youku.com has a one year low of $15.54 and a one year high of $36.84. The stock’s 50-day moving average is $31.38 and its 200-day moving average is $28.1. The company’s market cap is $5.344 billion.
Youku.com Inc is an Internet television company in People’s Republic of China. Its Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices.
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