Weibo Announces Second Quarter 2024 Unaudited Financial Results

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Weibo Corp (WB) PT Lowered to $7.50 at Morgan Stanley

August 23, 2024 10:27 AM EDT

Morgan Stanley analyst Alex Poon lowered the price target on Weibo Corp (NASDAQ: WB) to $7.50 (from $8.00) while maintaining a Underweight rating.

The analyst comments "As noted in our report - Weibo Corp: 2Q24 In-line; Negative Growth in 2H24 (22 August) -... More

Weibo Corp (WB) PT Lowered to $8.30 at BofA Securities

August 23, 2024 7:08 AM EDT

BofA Securities analyst Miranda Zhuang lowered the price target on Weibo Corp (NASDAQ: WB) to $8.30 (from $8.60) while maintaining a Underperform rating.

The analyst comments "Weibos 2Q topline declined 1% YoY (or increased 1% on a constant currency (CC) basis) to US$438mn, in line with... More

Weibo Corp (WB) PT Lowered to $11 at Citi

August 23, 2024 5:41 AM EDT

Citi analyst Alicia Yap lowered the price target on Weibo Corp (NASDAQ: WB) to $11.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "Weibo reported inline revs and slight profit beat in 2Q24 which we believe come relatively inline with low... More