George Askew

In a new report, Stifel analyst George Askew focuses on Chinese Internet stocks in 2016 and beyond. Fears surrounding economic weakness in China have been one of the key drivers of the early-2016 downturn in global equity markets. Askew warns that investors need to be selective when it comes to...

In a report published Tuesday, Stifel analyst George Askew downgraded the rating on Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) from Buy to Hold. The analyst expects a fresh round of industry competition to emerge, which is likely to impact both the industry and the company's profit...

In a report published Monday, Stifel analyst George Askew downgraded the rating on iDreamSky Technology Ltd. (ADR) (NASDAQ: DSKY) from Buy to Hold, and removed the $27.00 price target. In the report, Stifel noted, "We are downgrading the shares of iDreamSky from Buy to Hold as the company...

Stifel cut its price target on Qihoo 360 Technology Co Ltd (NYSE: QIHU) from $98 to $88 and maintained a Buy rating. Analyst George Askew lowered estimates for the company based on weak trends in web games and seasonality in the enterprise security business. Askew believed “the web...

George Askew of Stifel on Thursday downgraded shares of Baidu Inc (ADR) (NASDAQ: BIDU) from Buy to Hold and removied a previous $250 price target. Askew also removed the company from the "Stifel Select List" following the company's fourth quarter results on Wednesday. Askew noted that Baidu's...

In a report published Tuesday, Stifel analyst George Askew reiterated a Buy rating on Qihoo 360 Technology Co Ltd (NYSE: QIHU), but lowered the price target from $168.00 to $98.00. In the report, Stifel noted, “Qihoo 360 has officially launched a new independent search engine brand Haosou with a...

On Friday, analysts at Stifel downgraded shares of Sina Corp (NASDAQ: SINA) from Buy to Hold. George Askew stated, “we no longer see a catalyst to force the market to recognize this value in SINA’s share price and we expect the share price to remain range bound.” Askew...

Sina Corp (NASDAQ: SINA) shares fell sharply Friday after the company posted a lower-than expected revenue outlook and analysts trimmed estimates. Sina traded recently at $39.13, down more than 6.5 percent. Stifel's George Askew cut his rating on the Chinese Web portal operator to Hold,...

Ctrip.com (NASDAQ: CTRP) shares are moving lower Tuesday morning after Stifel downgraded the stock from Buy to Hold. A primary reason for the downgrade is that Air China, a major airline, said it will reduce its commission on ticketing from three percent to two percent. Further, analyst George...

Weibo late Friday night filed a proposed a $500 million initial public offering. Shares of Sina Corp (NASDAQ: SINA), which owns a 78 percent stake in Weibo, are up a massive 8.6 percent Monday afternoon. Weibo is a Chinese version of Twitter, but the company describes itself as “a new online...

In a report published Thursday, Stifel analyst George Askew upgraded the rating on Baidu (NASDAQ: BIDU) from Hold to Buy, and named a $238.00 price target. In the report, Stifel noted, “We are upgrading Baidu from Hold to Buy with a $238 target price. Our upgrade is based on Baidu's very rapidly...

In a report published Tuesday, Stifel analyst George Askew initiated coverage on Qunar Cayman Islands Ltd. (NASDAQ: QUNR) with a Hold rating. In the report, Stifel noted, “We are initiating coverage of Qunar Cayman Islands Limited (QUNR) with a Hold rating on the shares. Since Qunar's initial...

In a report published Friday, Stifel analyst George Askew downgraded Qihoo 360 Technology Co. Ltd (NYSE: QIHU) from Buy to Hold. Qihoo reported third quarter 2013 result with revenue at $187.9 million, up 124%. Adjusted EBITDA was up 179% at $78 million. Qihoo beat consensus expectations across...

In a report published Monday, Stifel analyst George Askew terminated coverage on Active Network (NYSE: ACTV). In the report, Stifel noted, “We are dropping coverage of The Active Network, Inc. because the company's acquisition by Vista Equity Partners for $14.50 per share in cash has closed. Our...