For Immediate Release

Chicago, IL – September 14, 2009 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Inc. (SOHU), Shanda Interactive (SNDA), (BIDU), Netease (NTES) and SINA (SINA).

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Here are highlights from Friday’s Analyst Blog: Cut to Neutral

We have downgraded Inc. (SOHU) from Outperform to Neutral as the stock faces near-term risks due to delay in game launches, intense competition and concerns related to online ad spending.

Sohu is the third-largest internet portal and one of the most well-known online brands in China. However, its core business of brand advertising and online games faces fierce competition in China from big players like Shanda Interactive (SNDA), (BIDU), Netease (NTES) and SINA (SINA).

Earlier, the company had reported strong second-quarter results with both revenue and EPS beating the Zacks Consensus Estimate. Moreover, it provided better-than-expected third-quarter guidance. However, its performance is expected to be overshadowed the macroeconomic concerns facing China in 2009.

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Mark Vickery
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