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Fly News Breaks for October 29, 2015
WB, SINA
Oct 29, 2015 | 06:53 EDT
Citi analyst Thomas Chong downgraded SINA (SINA) to Neutral ahead of the company's Q3 results citing valuation and uncertainties in portal advertising. Chong lowered his price target for shares to $48.90 from $50.40. The analyst this morning also downgraded Weibo (WB) to Neutral.
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