129732029231408750_147SINA Tech News Beijing time on February 7 evening news, United States investment bank paijie (PiperJaffray) investment report released today, youku (NYSE:YOKU) shares of "neutral" rating, price target increased from $ 22 to $ 27. Below is the report summary: based on Sohu's 2011 fiscal year IVResults for the quarter and earnings conference call, we increase the youku revenues expected for FY 2012 and FY 2013. In our view, youku 2012 fiscal year revenues rose nearly 100%, higher than previously expected around 55%. 2013 rose to about $ 70% in revenue for the fiscal year, higher than previously expected around 55%. In view of the competition's commentAnd youku's dominance in the market, we believe that the higher revenue gains reflect the development potential of youku. We give you cool the stock "neutral" rating. Increase in fiscal year 2012 and 2013 fiscal year revenue expectations: Sohu expects fiscal 2012 100% online video revenue per cent growth. Based on the expected, we increase revenue in youkuExpected. We think, Sohu's loss of market shares does not give cool 2012 fiscal year, youku 2012 fiscal year revenues rose from around 55% had been expecting increased to about 100%, the 2013 fiscal year revenues rose from about 55% increased to about 70%. We believe that competition remains intense in the network video market in China, Baidu, youku, Sohu,Odd art
runescape items for sale, competition between Sina and Tencent will become increasingly clear. Content costs increased, IV quarter 2012 fiscal year profit: in addition to the revenues
cheap runescape items, we expect youku to significant investment to the content, including third-party content and some internal projects. We believe in fiscal 2012 youku will increase the number of employees engaged in content development. We expect cool 2012 budget deficitYear 35% content costs will account for the revenue, the proportion in the 2013 fiscal year will fall. Investment is an eternal topic of the youku, we believe that online video content pricing has stabilized in China. We also believe that some smaller competitors are likely to be eliminated. While increased investment, we remain of the view that, based on United States GAAP, youku toLast quarter of 2012 fiscal year profit. Fiscal 2011 quarter revenue positive: Sohu fiscal 2011 quarter online game revenues grew 100%, which means cool four-quarter revenues also will be very strong. In the past three quarters, youku's revenue gains 30% higher than Sohu, 19% higher in the third quarter.Wall Street expected, youku 106% gain compared to the four-quarter revenue growth. Valuation: we give you cool the stock "neutral" rating
buy runescape items, price target increased from $ 22 to $ 27. (Jeff)
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