By: Benzinga
UPDATE: Barclays Capital Reiterates Lowers PT on Sina Corp. on Improving Margins
In a report published Wednesday, Barclays Capital reiterated its Overweight rating on Sina Corp. (NASDAQ: SINA ), but lowered its price target from $72.00 to $69.00. Barclays Capital noted, “We maintain our OW rating and lower our 12-month PT slightly to US$69 as we revise our estimates. While Sina guided
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