SouFun (Nyse:sfun) rose slightly after the opening in Monday, after adjusting its share price to a straight line, followed by a 41.80 dollar fluctuation. The biggest rise in the morning was more than 8% per cent, with the highest share price of 42.11 dollars. As of 22:42, SouFun Rose 6.94% to 41.63 U.S. dollars, a 52-week new record.
August 8, SouFun released the fiscal year 2013 to June 30, the second quarter of the financial results, the total revenue of 144.1 million U.S. dollars, an increase of 48.6% per cent, net profit of 55.4 million U.S. dollars, the year-on-year growth of 67.5%.
August 9, Goldman Sachs Group released a study, the SouFun stock rating remained "neutral" (Neutral) unchanged, and its 12-month target price from 29 U.S. dollars to 31.5 U.S. dollars.
August 9, BofA Merrill Lynch released its research report, reiterating SouFun stock's "buy" rating and raising its target price to $46.
August 9, T.h.capital, a Hong Kong investment company, released a study to maintain a "hold" rating on SouFun stocks.
August 9, Deutsche Bank released its research report today, reiterating the SouFun stock's "buy" rating and raising its target price by 31% to $42.
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