SINA Reports Third Quarter 2017 Financial Results

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SINA Corporation (SINA) PT Raised to $139 at Jefferies Following 3Q Report

November 8, 2017 9:25 AM EST

Jefferies raised its price target on SINA Corporation (NASDAQ: SINA) to $139.00 (from $137.00) while maintaining a Buy rating following the company's 3Q earnings report. 3Q revenue beat by 9% with earnings 2% above consensus estimate.Benefitting from Weibo traffic, portal ad resumed growth trajectory after three... More