Brean Capital Reiterates a Buy Rating on Sina Corp

In a report released today, Fawne Jiang from Brean Capital reiterated a Buy rating on Sina Corp (NASDAQ: SINA). The company’s shares opened today at $76.75.

According to TipRanks.com, Jiang is a 5-star analyst with an average return of 9.5% and a 63.6% success rate. Jiang covers the Technology sector, focusing on stocks such as Bitauto Holdings Limited, China Mobile Games, and Soufun Holdings.

Sina Corp has an analyst consensus of Strong Buy, with a price target consensus of $109.

The company has a one year high of $85.24 and a one year low of $39.58. Currently, Sina Corp has an average volume of 1.29M.

SINA Corp. engages in the provision of online and mobile media services. It operates through the following segments: Advertising, Mobile Value-Added Services (MVAS), and Other Non-Advertising Information. Its services include MVAS, online video, music streaming, online games, photo sharing, blog, email, classified listings, fee-based services, ecommerce and enterprise services. The company was founded in March 1999 and is headquartered in Beijing, China.