Analyst Ratings For Weibo Corp (NASDAQ:WB)
Today, HSBC initiated coverage on Weibo Corp (NASDAQ:WB) with a Hold with a price target of $71.00.
There are 8 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Weibo Corp (NASDAQ:WB) is Buy with a consensus target price of $90.00 per share, a potential 37.85% upside.
Some recent analyst ratings include
- 12/12/2018-Weibo Corp (NASDAQ:WB) has coverage initiated with a Hold rating and $71.00 price target
- 8/29/2018-Weibo Corp (NASDAQ:WB) has coverage initiated with a Overweight ➝ Overweight rating and $118.00 price target
About Weibo Corp (NASDAQ:WB)
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover Chinese-language content. It operates through two segments, Advertising and Marketing Services, and Value-Added Services. The company offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; and discovery products to help users discover content on its platform. It also provides third-party online games, including role-play, card, and strategy games, as well as various services and functions to VIP members. In addition, the company offers advertising and marketing solutions, such as social display advertisements; and promoted feeds, accounts, and trends enable its customers to promote their brands and conduct marketing activities. Further, it provides copyright content, such as TV channels, online video Websites, and operators with copyright content through traffic resource exchange and content traffic sharing; MCNs and other self-media to manage and provide services to content creators on Weibo, such as MCNs, unions, and e-commerce partners; other app developers an application platform which allows users to log into third-party applications; and Weibo Wallet products that enable platform partners to conduct interest generation activities on Weibo. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China.
Recent Trading Activity for Weibo Corp (NASDAQ:WB)
Shares of Weibo Corp closed the previous trading session at 65,38 up +2,03 3,20 % with 64.43 shares trading hands.