Barclays Capital

In a report published Monday, Barclays Capital analyst Ben A. Reitzes downgraded the rating on International Business Machines Corp. (NYSE: IBM) from Overweight to Equal-Weight, and lowered the price target from $215.00 to $190.00. In the report, Barclays Capital noted, “It is increasingly clear...

In a report published Friday, Barclays Capital analyst Amos Fletcher initiated coverage on Vale SA (NYSE: VALE) with an Underweight rating and $13.00 price target. In the report, Barclays Capital noted, “We initiate coverage of the world's biggest iron ore producer, Vale, with an Underweight...

In a report published Thursday, Barclays Capital analyst Amir Rozwadowski reiterated an Equal-Weight rating and $24.00 price target on T-Mobile US (NYSE: TMUS). In the report, Barclays Capital noted, “Overall, recent checks suggest that T-Mobile US' subscriber trends continue to benefit from its...

In a report published Thursday, Barclays Capital analyst Alicia Yap reiterated an Overweight rating on NetEase (NASDAQ: NTES), and raised the price target from $74.00 to $76.00. In the report, Barclays Capital noted, “Following solid 2Q13 results, we reiterate our Overweight rating on NetEase...

In a report published Tuesday, Barclays Capital analyst Alicia Yap reiterated an Overweight rating on SINA (NASDAQ: SINA), and raised the price target from $72.00 to $84.00. In the report, Barclays Capital noted, “We maintain our OW rating on Sina and adjust our SOTP-based price target up to US...

In a report published Thursday, Barclays Capital analyst Alicia Yap upgraded Baidu (NASDAQ: BIDU) from Equal-Weight to Overweight, and raised the price target from $98.00 to $153.00. In the report, Barclays Capital noted, “Three reasons for our rating upgrade: 1) 3Q13 revenue guidance indicates...

In a report published Monday, Barclays Capital analyst Douglas D. Tsao initiated coverage on Mallinckrodt (NYSE: MNK) with an Equal-Weight rating and $45.00 price target. In the report, Barclays Capital noted, “We believe MNK offers significant value through its differentiated platform in both...

In a report published Tuesday, Barclays Capital analyst Alicia Yap reiterated an Equal-Weight rating on Renren (NYSE: RENN), but slightly lowered the price target from $3.90 to $3.60. In the report, Yap noted, “We maintain our EW rating and lower our DCF-based 12-month price target to US$3.60 as...

In a report published Wednesday, Barclays Capital analyst Alicia Yap initiated coverage on Qihoo 360 Technology Co. (NYSE: QIHU) with an Overweight rating and $38.00 price target. In the report, Yap noted, “Following the release of its search engine (Aug 2012) and the announced partnership with...

In a report published Wednesday, Barclays Capital reiterated its Overweight rating on Sina Corp. (NASDAQ: SINA), but lowered its price target from $72.00 to $69.00. Barclays Capital noted, “We maintain our OW rating and lower our 12-month PT slightly to US$69 as we revise our estimates. While Sina...

In a report published Friday, Barclays Capital reiterated its Overweight rating on Youku Tudou (NYSE: YOKU), and slightly raised its price target from $27.00 to $28.00. Barclays Capital noted, “Maintain OW with new PT of US$28. With the worst (disrupted 3Q and 4Q guidance) now behind us, together...

In a report published Wednesday, Barclays Capital reiterated its Overweight rating on Baidu.com (NASDAQ: BIDU), but lowered its price target from $189.00 to $153.00. Barclays noted, “We maintain our OW rating on Baidu but lower our 12-month TP to US$153 (from US$189) based on our lower target...

Barclays maintains an Overweight rating on BT Group (NYSE: BT) as the company moves into Sports. Barclays writes, “Does BT have a chance of making Sports work where others have failed? We see the move into Sports as necessary, but it presents execution risk, and will likely destroy value. It...

According to a research report released earlier today, Barclays Capital has initiated Ctrip.com (NASDAQ: CTRP) with an Underweight rating and $23 PT. Barclays Capital said in the report, “While we believe current valuation is not too demanding and has reflected most of the negative news, we remain...

Barclays Capital remains rated Equal-weight with a $70 price target on Sina Corp (NASDAQ: SINA) as the company starts Weibo monetization in 2Q12, but is expected to also increase investment further. Barclays Capital notes, "Sina commented that it will accelerate monetisation of Weibo starting in...