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Youku Tudou Inc (NASDAQ:YOKU)‘s stock had its “outperform” rating reissued by equities research analysts at Macquarie in a research note issued to investors on Thursday. They currently have a $28.00 price target on the stock, down from their previous price target of $30.00. Macquarie’s target price indicates a potential upside of 43.44% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Youku Tudou Inc in a research note on Thursday. They now have a $28.00 price target on the stock, down previously from $30.00. Separately, analysts at Morgan Stanley downgraded shares of Youku Tudou Inc from an “overweight” rating to an “equal weight” rating in a research note on Wednesday. Finally, analysts at Goldman Sachs cut their price target on shares of Youku Tudou Inc to $21.00 in a research note on Wednesday. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $25.43.

Youku Tudou Inc (NASDAQ:YOKU) traded down 1.26% during mid-day trading on Thursday, hitting $19.275. The stock had a trading volume of 978,153 shares. Youku Tudou Inc has a 1-year low of $17.77 and a 1-year high of $37.74. The stock has a 50-day moving average of $20.67 and a 200-day moving average of $24.26. The company’s market cap is $3.246 billion. Youku Tudou Inc also saw some unusual options trading activity on Wednesday. Stock investors purchased 4,342 put options on the stock. This is an increase of approximately 146% compared to the typical volume of 1,768 put options.

Youku Tudou Inc (NASDAQ:YOKU) last posted its quarterly earnings results on Tuesday, August 19th. The company reported ($0.07) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.34) by $0.27. The company had revenue of $154.54 million for the quarter. During the same quarter in the prior year, the company posted ($0.10) earnings per share. The company’s revenue for the quarter was up 27.0% on a year-over-year basis. On average, analysts predict that Youku Tudou Inc will post $-1.71 earnings per share for the current fiscal year.

Youku Tudou Inc (NASDAQ:YOKU), formerly Youku Inc, is an Internet television company in the People’s Republic of China.

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