By: Benzinga
February 20, 2013 at 09:17 AM EST
Maxim Group Reiterates Sell Rating, $44 PT on Sina Corp. on Reduced Estimates
In a report published Wednesday, Maxim Group reiterated its Sell rating and $44.00 price target on Sina Corp. (NASDAQ: SINA ). Maxim Group noted, “Last night SINA reported 4Q12 earnings. Total revenue was $134.4M, in-line with our estimate and consensus. Non-GAAP EPS was $0.13, higher than our estimate and consensus
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