Sohu.com's price target lowered by Citi to $17 due to cautious ad spend outlook.

From Yahoo Finance: 2025-05-20 12:10:00

Citi lowered Sohu.com’s price target to $17 from $18, citing better than expected Q results in online games. Management anticipates cautious ad spend in the second half of 2025 due to a soft macro environment. Citi maintains a Buy rating, noting the company’s below-cash valuation and repurchase support.

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