Weibo Corp (NASDAQ:WB) opened at 74.80 on Thursday. They presently have a $85.00 price target on the information services provider's stock, up from their previous price target of $66.00.
05/09/2017 - Weibo Corporation had its "buy" rating reiterated by analysts at T.H. Capital. Zacks Investment Research raised Weibo Corp from a hold rating to a buy rating and set a $61.00 price target for the company in a research report on Thursday, April 27th. TheStreet upgraded Weibo Corp from a "c" rating to a "b-" rating in a report on Monday, April 17th. They set a buy rating and a $65.00 price target for the company. Jefferies Group LLC upped their target price on Weibo Corp to $67.00 and gave the company a "buy" rating in a report on Wednesday, March 1st. Instinet initiated coverage on shares of Weibo Corp in a research report on Monday, February 13th. They set a buy rating and a $63.00 price objective on the stock. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company.
The company's consensus rating on Reuter's scale improved from 2 to 3 during a month.
Weibo Corp (NASDAQ:WB) traded up 5.087% during trading on Wednesday, hitting $78.605. The stock had a trading volume of 3,456,680 shares. Weibo Corp has a 1-year low of $22.89 and a 1-year high of $79.70. The firm's 50 day moving average price is $55.54 and its 200-day moving average price is $49.86. The company has a market capitalization of $15.94 billion, a P/E ratio of 116.88 and a beta of 2.66.
Weibo Corp (NASDAQ:WB) last issued its quarterly earnings results on Tuesday, May 16th. The information services provider reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.05. The firm had revenue of $199.20 million for the quarter, compared to analyst estimates of $188.29 million. Weibo Corp had a return on equity of 12.79% and a net margin of 14.22%. The Average Volume of the company is 1.99 Million and P/E (price to earnings) ratio is 163.64, while Forward P/E ratio is 40.35. During the same period in the prior year, the business posted $0.07 earnings per share.
Anthony Weiner's Sexting Day in Court Has Come
Two years later, he announced a run for New York City mayor but dropped out of the race when more explicit messages became public. Weiner cried in court as he apologized to the 15-year-old girl at the heart of the sexting case, The Associated Press reported .
The consensus analysts recommendation at this point stands at 1.90 on Weibo Corporation (NASDAQ:WB).
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Several hedge funds and other institutional investors have recently modified their holdings of WB. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Weibo Corp during the third quarter worth approximately $13,544,000. Ariose Capital Management Ltd purchased a new stake in Weibo Corp during the third quarter worth about $2,948,000. Ladenburg Thalmann Financial Services Inc. increased its stake in Weibo Corp by 183.5% in the fourth quarter. Wells Fargo & Company MN now owns 3,017,638 shares of the information services provider's stock valued at $151,305,000 after buying an additional 79,178 shares in the last quarter. Investors will be keeping a close eye on the stock during this session to see if the upward trend will remain throughout the day.
Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Firm provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. On the other hand, such growth rates in EPS are more consistent in case of "matured companies" which has experienced a whole economic cycle of expansion and contraction, through a bear market phase along with a bull run.
CVS Health Corporation ( CVS ) belongs to the "Healthcare" sector with an industry focus on "Health Care Plans", with Mr. Finally, Arcadia Investment Management Corp MI increased its position in CVS Health Corp by 5.9% in the third quarter.
It's unpleasant", Justice Manmohan said, adding that "cross-examination should be carried out in accordance with the law". The court said such a manner of cross-examination could not be allowed and something had to be done.
However, the bench asked "why this second petition when you have already filed a plea earlier seeking similar reliefs". Divan said the petition for interim reliefs were not listed for hearing before the court by the apex court registry.
Pour continuer à préparer Roland Garros, où il s'est imposé en 2015, Wawrinka jouera la semaine prochaine le tournoi de Genève. Le Serbe, N.2 mondial, vit une saison compliquée et s'est encore montré parfois hésitant face à l'Espagnol, 20e mondial.
Temer refused on Thursday to resign after the Supreme Court authorized an investigation into the allegations. Strong economic indicators from the U.S. helped lift the dollar overnight, but it slipped back on Friday.
Combined with the low-power processors and low-resolution screens, both phones should have great battery life in real-world usage. They are expected to launch a slew of devices, most of which will be refined versions of their previous flagship smartphones.
Just a few minutes later, Smart took the same walk and smiled at Olynyk - already sitting in his vehicle and waiting to go home. On Monday night, the Celtics stood tall on the dramatic, nerve-infested stage that is an Eastern Conference semifinal Game 7.
Weiner's lawyers had been negotiating with federal prosecutors to avoid child pornography charges, the New York Daily News said. He was in Federal Bureau of Investigation custody Friday morning after turning himself in, ABC News reported .
Unfortunately, there are many systems that simply are rarely updated , such (believe it or not) many military systems. Users of older software, such as Windows XP, had to pay hefty fees for technical support, it added.
Kerala out of top three in fish catch
At the retail level, the estimated value was Rs 73,289 crore with an increase of 12.44 per cent over the previous year. CMFRI's landing report showed that chub mackerel ( Scomber indicus ) was limited to the Kerala coasts alone.
Zynga's (ZNGA) "Buy" Rating Reaffirmed at Jefferies Group LLC
Jefferies Group LLC reissued a "buy" rating and issued a $5.00 price objective on shares of Zynga in a research report on Monday. Finally, Benchmark Co. reissued a "buy" rating and set a $3.65 price target on shares of Zynga in a report on Friday, May 5th.
Fernandes scores 3 goals, Sporting KC beats Sounders
Fernandes on the improved effort after halftime: "Basically (coach) Peter (Vermes ) had to scream at us in the locker room". Minnesota United learned today that they will be taking on Sporting Kansas City in the fourth round of the 2017 U.S.