(1) DJ EQS-News: CCBI Issued Updated Report on iClick (NASDAQ: ICLK) Maintained Outperform and Raised Target Price from USUSD18.00 to USUSD22.60 EQS-News / 27/01/2021 / 22:10 UTC+8 CCBI Issued Updated Report on iClick (NASDAQ: ICLK) Maintained Outperform and Raised Target Price from USUSD18.00 to USUSD22.60 CCBI issued an updated report on iClick Interactive Asia Group Limited (NASDAQ: ICLK) on 27 January 2021, reiterating its Outperform rating with a target price of USUSD22.60, which represents an upside of 56.5% from the closing price of USUSD14.44 as at 26 January 2021. Yesterday, Baozun announced that it will make an equity investment into iClick (a consideration of USUSD50m) and that the two companies have entered into certain agreements to capitalize on private domain business opportunities within Tencent s ecosystem. Under the strategic cooperation framework, Baozun will provide online e-commerce operation and infrastructure services such as warehousing and customer ser
EQS-News: CCBI Issued Updated Report on iClick (NASDAQ: ICLK) Maintained Outperform and Raised Target Price from USUSD18.00 to USUSD22.60
01/27/2021 | 10:11am EDT
Send by mail :
Message :
Required fields
EQS-News / 27/01/2021 / 22:10 UTC+8
CCBI Issued Updated Report on iClick (NASDAQ: ICLK)
Maintained Outperform and Raised Target Price from USUSD18.00 to USUSD22.60
CCBI issued an updated report on iClick Interactive Asia Group Limited (NASDAQ: ICLK) on 27 January 2021, reiterating
its Outperform rating with a target price of USUSD22.60, which represents an upside of 56.5% from the closing price of
USUSD14.44 as at 26 January 2021.
Yesterday, Baozun announced that it will make an equity investment into iClick (a consideration of USUSD50m) and that the
(2) DJ EQS-News: CCBI Issued Updated Report on iClick (NASDAQ: ICLK) Maintained Outperform and Raised Target Price from USUSD10.10 to USUSD18 EQS-News / 19/01/2021 / 21:35 UTC+8 CCBI Issued Updated Report on iClick (NASDAQ: ICLK) Maintained Outperform and Raised Target Price from USUSD10.10 to USUSD18 CCBI issued an updated report on iClick Interactive Asia Group Limited (NASDAQ: ICLK) on 18 January 2021, reiterating its Outperform rating with a target price of USUSD18, which represents an upside of 53% from the closing price of USUSD11.79 as at 15 January 2021. CCBI indicates that online marketing solutions has been a cash cow for iClick, and it is now developing new marketing solutions through the emerging marketing channels such as multi-channel networks, KOL marketing and short-form video. This would boost business scale and achieve better profitability, and CCBI expects Marketing Solutions revenue will grow 18% and 17% in 2020F and 2021F, respectively. Whereas its SaaS-ba