Morgan micro-blog as the main beneficiaries of economic Wanghong target price $70 www.51zxw.net

Morgan: micro-blog as the main beneficiaries of economic Wanghong target price of $70 to Beijing on August 31st news, JP Morgan research report released today, micro-blog (NASDAQ:WB) on the recovery of the company’s research, rating to "overweight" and the June 2017 target price of $70. JP Morgan’s report pointed out that in the past two years, micro-blog users will sink to the two or three line of the city, attracting a large number of young users and provides more vertical content, all these efforts for the reticulocyte economy provides the basis, make micro-blog become the main beneficiaries of the red net economy, and the commercial potential of network economy will be in the next red a few years gradually released, and micro-blog to bring considerable revenue growth. JP Morgan believes that micro-blog traffic to the center and the innovation of the new business model, so that the impact of small and medium network of its own red. At the same time, micro-blog can benefit from the rapid development of the network economy, promote the commercialization of advertising, value-added services and profit sharing. Based on the above judgment, JP Morgan expects micro-blog 2016-2019 fiscal year compound growth rate of more than 53%, more than Wall Street analysts expected an average of 31%, while micro-blog live business will achieve commercialization in fiscal year 2018. The following is a summary of the report: we re start the study of micro-blog, rating as overweight, and its June 2017 target price of $70. In the past two years, micro-blog will sink the user to the two or three tier cities, attracting a large number of young users and provide more vertical content. In our view, all of these efforts are to provide a basis for the network economy, making micro-blog become the beneficiaries of the red economy. We believe that the potential of the red network of commercial economy in the next few years will gradually release, and to bring considerable revenue growth micro-blog. We expect the 2016-2019 fiscal year compound growth rate will exceed 53%, while Wall Street analysts expected average of 31%. We expect that micro-blog will be broadcast live business in fiscal year 2018. A similar example is YY, after two years of on-line music broadcast service (2015) launched the commercialization. We expect micro-blog’s live broadcast business will achieve $2.65 in single MAU revenue, while YY’s revenue in fiscal year single MAU value-added services of $7.2. Micro-blog traffic to the center of the achievements of the small red net we think micro-blog traffic patterns have changed from three or four years ago on the star and V to one or two years ago to more extensive, decentralized grassroots background of small and medium-sized red net. Micro-blog traffic to the center and the new business model innovation, so that the impact of small and medium network of its own red. At the same time, micro-blog can benefit from the rapid development of the network economy, promote the commercialization of advertising, value-added services and profit sharing. Before the video broadcast commercialization of our case analysis shows that the video broadcast service in fiscal year 2018 brings an additional $15% in total revenue and $52% of non GAAP net profit. I。相关的主题文章: