Citigroup Downgrades Weibo to Neutral, Lowers Price Target to $7.8

Benzinga Newsdesk www.benzinga.com Negative 90.4%

Neg 90.4% Neu 0% Pos 0%

Citigroup analyst Alicia Yap downgrades Weibo (NASDAQ:WB) from Buy to Neutral and lowers the price target from $9.3 to $7.8.