Barclays Downgrades SINA Corporation (SINA) to Equalweight, Cuts Price Target to $70

Barclays downgraded shares of SINA Corporation (NASDAQ: SINA) to an Equalweight rating from its previous rating of Overweight. The firm also cuts its price target on the company from $103 to $70.

For an analyst ratings summary and ratings history on SINA Corporation click here. For more ratings news on SINA Corporation click here.

Shares of SINA Corporation closed at $62.52 yesterday.

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