ATHM: AutoHome Stock Up Sharply on Credit Suisse Coverage

Other investment analysts have issued similar ratings

   

Shares of AutoHome (ATHM) jumped more than 7% in Wednesday morning trading after a major investment bank initiated coverage of the stock.

ATHM
Source: Flickr

ATHM stock surged after Credit Suisse (CS) began covering the stock. Credit Suisse has issued a “Neutral” rating for ATHM shares. Last month, Citigroup (C) and Zacks started covering ATHM stock, Ticker Report notes.

King, Tencent Deal Will Bring Candy Crush to China
King, Tencent Deal Will Bring Candy Crush to China

Citgroup analyst have placed a “Neutral” rating on ATHM stock, while Zacks issued a “Hold” rating for ATHM shares.

China-based AutoHome provides automobile-related content to Chinese car buyers.

More Stocks on the Move:


Article printed from InvestorPlace Media, http://investorplace.com/2014/04/athm-autohome-stock-sharply-credit-suisse-coverage/.

©2016 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.