Weibo (WB) Forms $127.07 Double Top; Associated Banc-corp (ASB) Shorts Up By 1.63%

Associated Banc-corp (NYSE:ASB) had an increase of 1.63% in short interest. ASB’s SI was 4.04 million shares in March as released by FINRA. Its up 1.63% from 3.97M shares previously. With 956,200 avg volume, 4 days are for Associated Banc-corp (NYSE:ASB)’s short sellers to cover ASB’s short positions. The SI to Associated Banc-corp’s float is 2.72%. The stock decreased 0.59% or $0.15 during the last trading session, reaching $25.25. About 69,797 shares traded. Associated Banc-Corp (NYSE:ASB) has risen 34.85% since March 27, 2017 and is uptrending. It has outperformed by 18.15% the S&P500.

Weibo Corporation (WB) formed double top with $133.42 target or 5.00% above today’s $127.07 share price. Weibo Corporation (WB) has $28.11B valuation. The stock decreased 1.33% or $1.71 during the last trading session, reaching $127.07. About 309,021 shares traded. Weibo Corporation (NASDAQ:WB) has risen 239.00% since March 27, 2017 and is uptrending. It has outperformed by 222.30% the S&P500.

Among 12 analysts covering Weibo Corp (NASDAQ:WB), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Weibo Corp has $150.0 highest and $14 lowest target. $83.50’s average target is -34.29% below currents $127.07 stock price. Weibo Corp had 23 analyst reports since August 19, 2015 according to SRatingsIntel. The stock has “Buy” rating by TH Capital on Tuesday, November 17. As per Thursday, August 11, the company rating was maintained by Goldman Sachs. The firm earned “Hold” rating on Wednesday, August 26 by Zacks. Morgan Stanley upgraded Weibo Corporation (NASDAQ:WB) on Thursday, December 17 to “Overweight” rating. JP Morgan maintained the shares of WB in report on Thursday, February 15 with “Overweight” rating. UBS initiated Weibo Corporation (NASDAQ:WB) on Tuesday, January 2 with “Buy” rating. The rating was upgraded by Zacks on Friday, September 4 to “Hold”. Goldman Sachs downgraded it to “Neutral” rating and $22 target in Monday, May 16 report. The company was initiated on Friday, August 5 by Citigroup. Citigroup downgraded the shares of WB in report on Thursday, October 29 to “Neutral” rating.

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.26, from 1.55 in 2017Q2. It increased, as 40 investors sold Weibo Corporation shares while 48 reduced holdings. 48 funds opened positions while 88 raised stakes. 125.34 million shares or 324.34% more from 29.54 million shares in 2017Q2 were reported. Andra Ap accumulated 36,066 shares. Morgan Stanley owns 251,028 shares. Legal & General Group Pcl invested 0.01% in Weibo Corporation (NASDAQ:WB). Royal Bank & Trust Of Canada reported 0.02% in Weibo Corporation (NASDAQ:WB). First Republic Invest Management Inc, California-based fund reported 3,518 shares. Sheets Smith Wealth Mngmt invested 0.08% of its portfolio in Weibo Corporation (NASDAQ:WB). Lazard Asset Mngmt Limited Liability Com invested 0.01% of its portfolio in Weibo Corporation (NASDAQ:WB). Essex Management Company Limited Company holds 0.07% or 5,471 shares in its portfolio. Bp Public Limited accumulated 51,140 shares. 81,187 were accumulated by Pub Employees Retirement Sys Of Ohio. Pitcairn stated it has 0.03% of its portfolio in Weibo Corporation (NASDAQ:WB). Glenmede Trust Comm Na stated it has 0% in Weibo Corporation (NASDAQ:WB). 111,767 were reported by Kbc Gru Nv. Ny State Common Retirement Fund reported 0.02% of its portfolio in Weibo Corporation (NASDAQ:WB). Bessemer Group Inc accumulated 0% or 8 shares.

Analysts await Weibo Corporation (NASDAQ:WB) to report earnings on May, 15. They expect $0.45 earnings per share, up 114.29% or $0.24 from last year’s $0.21 per share. WB’s profit will be $99.55 million for 70.59 P/E if the $0.45 EPS becomes a reality. After $0.58 actual earnings per share reported by Weibo Corporation for the previous quarter, Wall Street now forecasts -22.41% negative EPS growth.

Among 15 analysts covering Associated Banc (NYSE:ASB), 1 have Buy rating, 1 Sell and 13 Hold. Therefore 7% are positive. Associated Banc had 41 analyst reports since October 9, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, September 6 by DA Davidson. The stock of Associated Banc-Corp (NYSE:ASB) has “Hold” rating given on Friday, August 25 by Robert W. Baird. As per Thursday, January 25, the company rating was maintained by Keefe Bruyette & Woods. As per Friday, August 11, the company rating was maintained by Jefferies. The firm has “Hold” rating by Robert W. Baird given on Friday, September 29. On Friday, September 15 the stock rating was maintained by Jefferies with “Hold”. Keefe Bruyette & Woods maintained the shares of ASB in report on Thursday, December 21 with “Hold” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, October 23. The stock of Associated Banc-Corp (NYSE:ASB) earned “Hold” rating by Jefferies on Tuesday, October 10. Stephens initiated the stock with “Equal-Weight” rating in Tuesday, January 12 report.