Bitauto (BITA) Tops Q2 EPS by 15c, Beats on Revenues; Offers 3Q Revenue Outlook Above Consensus

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Go back to Bitauto (BITA) Tops Q2 EPS by 15c, Beats on Revenues; Offers 3Q Revenue Outlook Above Consensus

Bitauto Holdings (BITA) PT Lowered to $23 at Macquarie

August 23, 2018 7:58 AM EDT

Macquarie analyst Wendy Huang lowered the price target on Bitauto Holdings (NYSE: BITA) to $23.00 (from $29.00) while maintaining a Neutral rating.

... More

CLSA Reiterates Underweight on Bitauto (BITA) Following 2Q

August 23, 2018 7:19 AM EDT

CLSA analyst, Man Ho Lam, reiterated an Underperform rating and 25.00 price target on Bitauto Holdings (NYSE: BITA) following the company's 2Q earnings report. 2Q results were in-line with estimates, with total revenue up 28.5% YoY to Rmb2.56bn.

3Q revenue guidance was in-line with... More