Information Provided By: 
Fly News Breaks for March 13, 2018
WB
Mar 13, 2018 | 05:40 EDT
Jefferies analyst Karen Chan raised her price target for Weibo to $160 saying the combination of user growth, time spent, ad pricing improvement and diversifying video ad products gives the company the "right formula in further scaling up monetization efficiency." The analyst believes Weibo's "competitive moat" is underpinned by its young user base, open social media nature and brand ad value. She keeps a Buy rating on the shares.
News For WB From the Last 2 Days
There are no results for your query WB
