Weibo (WB) Tops Q3 EPS by 6c

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Weibo Corp (WB) PT Raised to $113 at Jefferies; Reiterates Buy

November 8, 2017 9:42 AM EST

Jefferies raised its price target on Weibo Corp (NASDAQ: WB) to $113.00 (from $105.00) while maintaining a Buy rating following 3Q. Weibo reported a solid set of results with 4Q17 guidance actually implying accelerating growth in KA and SME ad revenue if excluding a USD30mn... More