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Fly News Breaks for November 21, 2016
WB, SINA
Nov 21, 2016 | 12:24 EDT
TH Data Capital analyst Tian Hou raised the firm's price target on SINA (SINA) to $81 from $62 in advance of the company's Q3 report, due out after the close tonight. Hou expects SINA's results to be at least in line with consensus, driven by Weibo (WB), and believes Sina's portal business may have bottomed.
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