Information Provided By: 
Fly News Breaks for March 1, 2019
WUBA
Mar 1, 2019 | 10:03 EDT
CLSA analyst Elinor Leung downgraded 58.com to Outperform from Buy, citing the fact that management is cautious on the outlook for 2019 given macro uncertainty and its spending on user acquisition. Leung cut her earnings forecast for calendar 2019 by about 6% following guidance from the company that it expects 20% revenue growth with a lower margin this year. She has a $80 price target on 58.com shares.
News For WUBA;WUBA From the Last 2 Days
There are no results for your query WUBA;WUBA
