Call Buying Activity in Weibo (WB) Targets 4% Upside in Shares Through Early January -Susquehanna
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Weibo Corp (WB) PT Raised to $40 at Credit Suisse
December 29, 2020 4:49 AM ESTCredit Suisse analyst Alex Xie raised the price target on Weibo Corp (NASDAQ: WB) to $40.00 (from $36.40) while maintaining a Neutral rating.... More
Weibo Corp (WB) PT Raised to $49 at Citi
December 29, 2020 4:46 AM ESTCiti analyst Alicia Yap raised the price target on Weibo Corp (NASDAQ: WB) to $49.00 (from $45.00) while maintaining a Buy rating.... More
UPDATE: Weibo Corp (WB) PT Raised to $47.50 at CLSA, 'KA advertising rebounds faster'
December 28, 2020 4:06 PM EST(Updated - December 28, 2020 4:07 PM EST)
(updating comment)
CLSA analyst Elinor Leung raised the price target on Weibo Corp (NASDAQ: WB) to $47.50 (from $42.50) while maintaining a Buy (1) rating.
The analyst comments "Weibo 3Q20 results beat with total revenue flat YoY at... More
Weibo (WB) Tops Q3 EPS by 6c, Revenues Beat
December 28, 2020 6:10 AM ESTWeibo (NASDAQ: WB) reported Q3 EPS of $0.66, $0.06 better than the analyst estimate of $0.60. Revenue for the quarter came in at $465.7 million versus the consensus estimate of $449.26 million.
Third Quarter 2020 Highlights
Net revenues were $465.7 million, flat year-over-year or a decrease of 4% year-over-year on a constant currency basis [1].Advertising and marketing revenues were $416.7 million, an increase of 1% year-over-year.Value-added service ("VAS") revenues were $49.1 million, a decrease of 11%... More