《大行報告》里昂下調微博(WB.US)目標價至36.8美元 評級「買入」
里昂發表評級報告指,受到疫情封城及宏觀環境不確定性等因素影響,微博(WB.US)的廣告需求疲軟,料公司次季總收入按年跌22%至4.48億美元,經調整後息稅前淨利潤按年跌48%至1.16億美元。
該行指,餐飲、奢侈品、遊戲和新能源汽車的廣告支出相對地有彈性,但在服裝、直播和智能手機等廣告支出疲軟,料需時恢復;該行指,由於廣告商表現謹慎,料集團第三季總收入及息稅前淨利潤仍會按年下跌。
該行將集團今年及明年的調整後淨利潤預測分別下調10%及4%,並將其目標價由40.8美元下調至36.8美元,因估值低企,重申評級「買入」。(ca/k)
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