Cynthia Meng

The share price of Baidu Inc (ADR) (NASDAQ: BIDU) has declined almost 23 percent over the past three months. Jefferies’ Cynthia Meng has upgraded Baidu from Hold to Buy, while maintaining the price target at $210. Meng believes that the concerns over search ad spending are overblown...

In a report released Wednesday, Jefferies analyst Cynthia Meng initiates coverage on Vipshop (NYSE: VIPS) with a Buy rating and $240.00 price target. Analysts at Jefferies are bullish on Vipshop for being the leader in flash sales and for capitalizing on China. Vipshop sees potential in China...

In a report published Friday, Jefferies analyst Cynthia Meng downgraded the rating on Renren (NYSE: RENN) from Hold to Underperform, and lowered the price target from $3.30 to $2.90. In the report, Jefferies noted, “3Q13 revenue came in 1.3% below consensus, driven by lackluster display ads and...

In a report published Wednesday, Jefferies analyst Cynthia Meng upgraded the rating on Baidu (NASDAQ: BIDU) from Hold to Buy, and raised the price target from $153.00 to $222.00. In the report, Jefferies noted, “3Q13 revenue and earnings beat Street with strong 4Q guidance. Our checks indicate...

In a report published Friday, Jefferies analyst Cynthia Meng reiterated a Hold rating on Baidu (NASDAQ: BIDU), and raised the price target from $121.00 to $153.00. In the report, Jefferies noted, “On day two of Jefferies China TMT tour, we met with Baidu mgmt, and several top search agents....

In a report published Tuesday, Jefferies analyst Cynthia Meng upgraded the rating on Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) from Hold to Buy, and raised the price target from $49.00 to $100.00. In the report, Jefferies noted, “2Q13 rev and earnings beat both Street and our est. 3Q13 rev...

In a report published Thursday, Jefferies analyst Cynthia Meng reiterated a Buy rating on China Telecom Corporation Limited (NYSE: CHA), and lowered the price target from $64.00 to $60.60. In the report, Jefferies noted, “1H13 results 1.6% above consensus. Expect lower handset subsidy-to-sales...

In a report published Tuesday, Jefferies analyst Cynthia Meng reiterated a Buy rating on SINA (NASDAQ: SINA), and raised the price target from $72.00 to $92.00. In the report, Jefferies noted, “2Q13 rev came in above guidance with both top and bottom line beating consensus and our est. We...

In a report published Monday, Jefferies analyst Cynthia Meng reiterated a Buy rating on Sina (NASDAQ: SINA), but lowered the price target from $78.00 to $72.00. In the report, Jefferies noted, “Sina will report 2Q13 results in mid Aug. We expect 2Q13 rev. at mid-point of guidance, earnings...

In a report published on Monday, Jefferies analyst Cynthia Meng raised the price target on Qihoo 360 (NYSE: QIHU) from $31.00 to $49.00 and reiterated a Hold rating. In the report, Jefferies noted, "Qihoo recorded its first quarter of USD6mn search revenue since the launch of its own search ads...