Youku Tudou Inc. (NYSE:YOKU), the Chinese video website, is receptive to partnerships, Chief Executive Officer Victor Koo said, as smartphone user growth accelerates deal making among Web companies in the country. Youku Tudou Inc. (ADR) (NYSE:YOKU) shares after opening at $29.56 moved to $29.60 on last trade day and at the end of the day closed at $29.08. Company price to sales ratio in past twelve months was calculated as 10.77 and price to cash ratio as 9.26. Youku Tudou Inc. (ADR) (NYSE:YOKU) showed a negative weekly performance of -0.27%.
Zacks upgraded shares of Sohu.com (NASDAQ:SOHU) from an underperform rating to a neutral rating in a research note released on Wednesday morning, StockRatingsNetwork.com reports. They currently have $78.00 target price on the stock. Sohu.com Inc. (NASDAQ:SOHU) shares fell -2.52% in last trading session and ended the day on $71.70. SOHU return on equity ratio is recorded as -1.20% and its return on assets is -0.60%. Sohu.com Inc. (NASDAQ:SOHU) yearly performance is 48.63%.
Morgan Stanley reaffirmed their underweight rating on shares of Renren (NASDAQ:RENN) in a report released on Wednesday, Stock Ratings Network.com reports. Morgan Stanley currently has a $2.70 price objective on the stock. Renren Inc. (NYSE:RENN) shares moved down -2.65% in last trading session and was closed at $3.31, while trading in range of $3.28 – $3.45. Renren Inc. (NYSE:RENN) year to date (YTD) performance is 8.52%.
Turkish Inc. (NYSE:TWTR) President Abdullah Gul said on Friday that it was unacceptable to impose complete bans on social media platforms after a court decision to block access to Twitter. Twitter Inc. (NYSE:TWTR) weekly performance is -6.44%. On last trading day company shares ended up $50.12. Twitter Inc. (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -12.58%. Analysts mean target price for the company is $50.96.
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