UBS Keeps Their Buy Rating on Weibo Corp Class A (9898)
In a report released on November 19, from UBS maintained a Buy rating on Weibo Corp Class A, with a price target of HK$110.76. The company’s shares closed yesterday at HK$78.05.
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Weibo Corp Class A has an analyst consensus of Moderate Buy, with a price target consensus of HK$95.11.
Based on Weibo Corp Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$444.8 million and a net profit of HK$125.69 million. In comparison, last year the company earned a revenue of HK$437.87 million and had a net profit of HK$111.93 million
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