Sogou (SOGO) Getting Somewhat Favorable News Coverage, Report Shows
Headlines about Sogou (NYSE:SOGO) have been trending somewhat positive on Sunday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sogou earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the company an impact score of 48.1954970990187 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s rankings:
- Investors Attention Alert: Scientific Games Corporation (SGMS), Sogou Inc. (SOGO) (talktraders.com)
- Seeking The Safe Haven Of Quality: Sogou Inc. (SOGO), Veeva Systems Inc. (VEEV) (gvtimes.com)
- Comparable Company Analysis: Pebblebrook Hotel Trust (NYSE:PEB), Sogou Inc. (NYSE:SOGO), MGM Growth … (journalfinance.net)
- Why These Fundamentals Make Sogou Inc (NYSE:SOGO) Truly A Standout Investment (finance.yahoo.com)
- Sogou Enters Oversold Territory (SOGO) (nasdaq.com)
SOGO stock opened at $7.76 on Friday. The firm has a market cap of $3.08 billion and a PE ratio of 26.76. Sogou has a 52-week low of $7.51 and a 52-week high of $15.50.
A number of analysts have weighed in on SOGO shares. Zacks Investment Research upgraded shares of Sogou from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. Deutsche Bank downgraded shares of Sogou from a “hold” rating to a “sell” rating and set a $8.20 price target for the company. in a research note on Tuesday, July 31st. Finally, JPMorgan Chase & Co. downgraded shares of Sogou from an “overweight” rating to a “neutral” rating in a research note on Wednesday, August 1st. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Sogou presently has an average rating of “Hold” and an average price target of $12.13.
Sogou Company Profile
Sogou Inc provides search and search-related services in the People's Republic of China. The company provides Sogou Search, a search engine; and Sogou Input Method, a Chinese language input software for mobile and PC MAUs. It also offers search and search-related advertising services; Internet value-added services related to the operation of Web games and mobile games developed by third parties; and online reading services, as well as other products and services, including smart hardware products.
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