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Fly News Breaks for May 25, 2018
WB
May 25, 2018 | 08:33 EDT
After meeting with management, Jefferies analyst Karen Chan views Weibo's risk/reward profile as attractive following the recent share pullback. Management sees upside in ad inventories and revenue growth supported by structural tailwinds, rising engagement and pricing, Chan tells investors in a research note. The analyst keeps a Buy rating on Weibo shares with a $160 price target.
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