Sohu.com price target raised to $20 from $18 at Jefferies

Core Viewpoint - Jefferies analyst Thomas Chong raised the price target for Sohu.com (SOHU) to $20 from $18 while maintaining a Buy rating after the company reported Q3 results and provided Q4 guidance [1] Group 1: Company Performance - Sohu reported Q3 results and provided guidance for Q4 during a conference call [1] - Management emphasized Sohu's innovative and unique marketing solutions aimed at attracting advertising budgets despite macroeconomic uncertainties [1]