First Shanghai lowers Weibo Corporation [WB] rating to Hold and sets price target at $44.65
First Shanghai Securities took its Weibo Corporation [NASDAQ:WB] rating to the equivalent of Hold from Buy, and the price target to $44.65, in a research note dated December 31, 2020. That figure represents around a 8.85% premium from where the company’s shares closed on Wednesday. Other analysts also revised their coverage, with CLSA’s analysts upgrading […]