Sina Corp (SINA) Tops Q2 EPS by 2c

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Summit Research Raises Price Target on Sina Corp (SINA) Following 2Q15 Results

August 19, 2015 1:17 PM EDT

Summit Research reiterated a Hold rating on SINA Corporation (NASDAQ: SINA), and raised the price target to $42.00 (from $39.00), following the company's 2Q15 earnings results. EPS came in ahead of street expectations at $0.06. Revenue was also reported ahead of consensus at $213.6M.

Analyst Henry... More