58.com (WUBA) Tops Q3 EPS by 17c
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58. com Inc (WUBA) PT Raised to $75 at Deutsche Bank Following Strong 3Q
November 14, 2017 7:40 AM ESTDeutsche Bank raised its price target on 58. com Inc (NYSE: WUBA) to $75.00 (from $70.00) while maintaining a Buy rating following the company's 3Q earnings report. WUBA reported a strong quarter with top-line, bottom-line and 4Q guidance beating consensus by 7%, 64% and 4% respectively. Revenue grew by... More
58. com Inc (WUBA) PT Raised to $80 at Credit Suisse Citing 'Solid Execution'
November 13, 2017 10:58 AM ESTCredit Suisse raised its price target on 58. com Inc (NYSE: WUBA) to $80.00 (from $75.00) while maintaining a Outperform rating.
Analyst Thomas Chong believes the company's strong execution has driven revenue growth and margin expansion in Q3. The analyst raises FY 2017 and 2018 earnings estimate buy 26% and 19% respectively.
... More