Market Overview

UPDATE: Morgan Stanley Initiates Coverage On Weibo Awaiting Margin Visibility

This Chinese Internet Portfolio Surged 6X More Than The S&P 500 Over The Past Month
Earnings Scheduled For November 18, 2015
Weibo Backs Video, Unleashes Guazi (Seeking Alpha)

In a report published Monday, Morgan Stanley analyst Philip Wan initiated coverage on Weibo (NASDAQ: WB) with an Equal-Weight rating and $21.40 price target.

In the report, Morgan Stanley noted, “We like Weibo's leadership in online social media and its multiple monetization opportunities. We would turn more positive on faster-than-expected monetization from its new services (i.e. promoted feeds and social e-commerce) and improved margin visibility.”

Weibo closed on Friday at $18.54.

Latest Ratings for WB

Oct 2015CitigroupDowngradesNeutral
Aug 2015Summit ResearchUpgradesHoldBuy
May 2015Summit ResearchDowngradesBuyHold

View More Analyst Ratings for WB
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Philip WanAnalyst Color Initiation Analyst Ratings


Related Articles (WB)

View Comments and Join the Discussion!

Get Benzinga's Newsletters