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Sina Corp. (NASDAQ:SINA): Current Price: $58.11

SINA provided in-line Q1 revenue guidance which influenced Piper Jaffray to think that the momentum of the company’s Weibo microblog continues as the the Chinese Internet ad environment seems to show improvement. The firm believes that SINA’s ad revenue guidance will probably beat Street expectations, and it reiterates its Overweight rating and a $65 price target on the stock.

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