How Will This Coverage Affect Weibo (WB) Stock Today?

NEW YORK (TheStreet) -- Weibo (WB) shares were initiated with an "equal weight" rating and a $21.40 price target by analysts at Morgan Stanley (MS) on Monday.

Analysts at the firm are optimistic about the Chinese social media company's monetization opportunities but would like to see the company capitalize on those opportunities before upgrading their coverage.

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