Weibo (WB) Tops Q2 EPS by 2c; Guides Q3 Revs Above the Street

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Weibo Corp (WB) PT Raised to $105 at Jefferies

August 10, 2017 8:10 AM EDT

Jefferies raised its price target on Weibo Corp (NASDAQ: WB) to $105.00 (from $82.00) while maintaining a Buy rating.

Analyst Karen Chan commented, "Weibo delivered another solid quarter with strong guidance despite a tough comp from last years Olympic events. Optimization of ad system should... More