Sogou (SOGO) Now Covered by Analysts at J P Morgan Chase & Co
Equities research analysts at J P Morgan Chase & Co assumed coverage on shares of Sogou (NYSE:SOGO) in a research note issued on Thursday, MarketBeat Ratings reports. The brokerage set an “overweight” rating and a $17.00 price target on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 46.17% from the stock’s current price.
Separately, Credit Suisse Group initiated coverage on Sogou in a research report on Monday. They issued an “outperform” rating and a $16.30 price target on the stock.
Sogou (SOGO) traded up $0.20 during mid-day trading on Thursday, reaching $11.63. The company’s stock had a trading volume of 1,376,968 shares, compared to its average volume of 3,665,142. Sogou has a 52 week low of $10.85 and a 52 week high of $14.70.
Sogou Inc is a search and Internet company. The Company’s Sogou Search is a search engine in China. Its cross-language search service enables users to discover English content on the Internet by querying in Chinese and reading content that it has translated into Chinese. The Company’s products and services include Sogu Search, Sogou Input Method and other products.
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