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UPDATE: Morgan Stanley Initiates Coverage On Weibo Awaiting Margin Visibility

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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

DateFirmActionFromTo
Apr 2015Summit ResearchInitiates Coverage onBuy
Nov 2014HSBCInitiates Coverage onOverweight
Sep 2014TH CapitalInitiates Coverage onBuy

View More Analyst Ratings for WB
View the Latest Analyst Ratings

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

 

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