Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,065.26
(
-0.62%
)
US TECH 100
25,749.60
(
-0.47%
)
Dow Jones
49,187.07
(
-0.53%
)
Brent Oil
95.14
(
4.92%
)
Bitcoin
75,318.11
(
-0.76%
)
News Focus
News Focus
Post# of 372523
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

jimmybob

Send PM Follow Ignore
Followers 1877
Posts 141008
Boards Moderated 5
Alias Born 01/03/2007

jimmybob

Re: jimmybob post# 183791

Friday, 09/13/2013 7:39:34 AM

Friday, September 13, 2013 7:39:34 AM

Post# of 372523
SINA price target raised to $92 from $67 at BofA/Merrill
BofA/Merrill said SINA provided the revenue impact from its cooperation with Alibaba for the first time following Alibaba's $586M stake in Weibo. Weibo expects +$50M in Q3 2013 ad sales vs. $20M in Q3 2012. The firm raised Weibo sales estimates to $195M from $145M and 2014 to $389M from $312M. The analyst raised its price target on SINA to $92 to reflect ad sale visibility and smaller Weibo losses. Shares are Buy rated

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today