Sina Corp (SINA) Tops Q4 EPS by 6c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Above Consensus (Earlier)

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SINA Corporation (SINA) PT Raised to $91 at Citi Following 4Q

March 7, 2019 7:24 AM EST

Citi analyst Alicia Yap raised the price target on SINA Corporation (NASDAQ: SINA) to $91.00 (from $82.00) while maintaining a Buy rating following the company's 4Q earnings report. SINA reported non-GAAP net revenues of $573m, +14%, relatively flattish vs. consensus, driven by total ad revs +14% yoy to... More