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Fly News Breaks for April 19, 2018
WB, SINA
Apr 19, 2018 | 11:05 EDT
Deutsche Bank analyst Eileen Deng resumed coverage of Sina (SINA) with a Buy rating and $128 price target. Deutsche Bank, under a different analyst, had a Hold rating on the shares when suspending coverage earlier this year. Deng sees Sina benefiting from growth at subsidiary Weibo (WB).