SINA price target lowered to $65 from $100 at Brean Capital Brean Capital lowered its price target on SINA (SINA) to $65 following its Q1 results. The firm maintains its Buy rating on the shares and considers it an undervalued asset, citing its investment in Weibo (WB), large cash balance, and investments in multiple assets.
China censors coverage of pro-democracy demonstrations, NY Times says China prevented websites from mentioning pro-democracy demonstrations in Hong Kong, according to The New York Times. Access to Facebook's (FB) Instagram was blocked amid the censorship. Weibo (WB) is a microblog seen as China's version of Twitter (TWTR). Reference Link