Weibo Corporation (WB) Reports In-Line Q2 EPS, Offers Q3 Guidance

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Go back to Weibo Corporation (WB) Reports In-Line Q2 EPS, Offers Q3 Guidance

Weibo (WB) PT Lifted at Piper Jaffray Post Q2

August 15, 2014 7:36 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and bumped his price target on Weibo Corp (NASDAQ: WB) to $26.00 (from $25.00) following Q2 results. The analyst said the company is hitting goals for building platform for sustainable revenue growth.

"Shares of WB were down 4%... More