Tuniu (TOUR) Forms $8.07 Double Bottom; Litespeed Management Lowered New York Reit Ord (NYRT) Stake By $13.42 Million

Litespeed Management Llc decreased New York Reit Ord (NYRT) stake by 72.66% reported in 2017Q3 SEC filing. Litespeed Management Llc sold 1.92M shares as New York Reit Ord (NYRT)’s stock declined 12.85%. The Litespeed Management Llc holds 721,381 shares with $5.66M value, down from 2.64 million last quarter. New York Reit Ord now has $341.76M valuation. The stock increased 0.25% or $0.01 during the last trading session, reaching $2.03. About 1.57 million shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 9.21% since February 2, 2017 and is downtrending. It has underperformed by 25.91% the S&P500.

Tuniu Corporation (TOUR) formed double bottom with $7.34 target or 9.00% below today’s $8.07 share price. Tuniu Corporation (TOUR) has $1.02 billion valuation. The stock decreased 0.74% or $0.06 during the last trading session, reaching $8.07. About 106,132 shares traded. Tuniu Corporation (NASDAQ:TOUR) has declined 8.27% since February 2, 2017 and is downtrending. It has underperformed by 24.97% the S&P500.

Among 5 analysts covering New York REIT (NYSE:NYRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. New York REIT had 9 analyst reports since October 9, 2015 according to SRatingsIntel. The stock has “Hold” rating by SunTrust on Friday, December 1. Compass Point initiated the stock with “Buy” rating in Thursday, June 30 report. The stock of New York REIT, Inc. (NYSE:NYRT) earned “Buy” rating by Compass Point on Friday, October 30. The firm earned “Mkt Outperform” rating on Friday, October 9 by JMP Securities. Evercore upgraded the stock to “Buy” rating in Monday, November 16 report. As per Friday, November 3, the company rating was maintained by SunTrust. The firm earned “Hold” rating on Wednesday, January 31 by SunTrust.

Among 3 analysts covering Tuniu (NASDAQ:TOUR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Tuniu has $14 highest and $11.0 lowest target. $12.50’s average target is 54.89% above currents $8.07 stock price. Tuniu had 5 analyst reports since December 8, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, December 8 by Morgan Stanley. The firm earned “Outperform” rating on Thursday, January 12 by Credit Suisse. Deutsche Bank initiated the shares of TOUR in report on Friday, May 20 with “Buy” rating. The rating was downgraded by Morgan Stanley on Tuesday, April 26 to “Equal-Weight”. The stock has “Buy” rating by Credit Suisse on Tuesday, October 10.