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Pali Research restates "buy" rating over Sina
Wednesday, February 20, 2008; Posted: 03:22 AM
BEIJING, Feb 20, 2008 (Xinhua via COMTEX) -- SINA | news | PowerRating | PR
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Charts -- U.S. Investment Company Pali Research has restated its "buy" rating over Sina Corporation (SINA.NASDAQ) with a target price of 69 U.S. dollars.

Tian S. Hou, an analyst with Pali says that the forth quarter performance of Sina would beat analysts' expectation on the ground that the revenue from advertisement would peak in the period and wireless value added business is also to see somewhat expansion.

The company would release its financial report for the forth quarter after stock market close on Wednesday.

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