UPDATE: J.P. Morgan Initiates Coverage on SouFun on Continued Solid Performance
August 30, 2013 at 09:11 AM EDT
In a report published Friday, J.P. Morgan analyst Alex Yao initiated coverage on SouFun Holdings Limited (NYSE: SFUN ) with an Overweight rating and $49.00 price target. In the report, J.P. Morgan noted, “We initiate coverage on SouFun with an Overweight rating and a Jun-14 PT of USD49. SouFun is
