SINA Reports First Quarter 2017 Financial Results

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SINA Corporation (SINA) PT Raised to $92 at Stifel

May 16, 2017 2:06 PM EDT

Stifel raised its price target on SINA Corporation (NASDAQ: SINA) to $92.00 (from $74.00) while maintaining a Hold rating. SINA reported strong 1Q results driven entirely by growth in its 50.2%-owned Weibo subsidiary. SINAs Weibo subsidiary grew net revenue 67% y/y with advertising and... More