(1)
DJ EQS-News: China Renaissance Issued Updated report on iClick (NASDAQ: ICLK) Reiterated Buy and Raised Target Price from USUSD12.89 to USUSD17.80
EQS-News / 27/01/2021 / 19:19 UTC+8
China Renaissance Issued Updated report on iClick (NASDAQ: ICLK)
Reiterated Buy and Raised Target Price from USUSD12.89 to USUSD17.80
China Renaissance issued an updated report on iClick Interactive Asia Group Limited (NASDAQ: ICLK) on 27 January 2021,
reiterating its Buy rating with a target price of USUSD17.80, which represents an upside of 28% from the closing price of
USUSD13.96 as at 25 January 2021.
China Renaissance believes the strategic partnership in product development and customer acquisition between Baozun (
NASDAQ: BZUN) is positive for iClick in three ways.
(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
Baozun and iClick Announce Equity Investment and Strategic Business Cooperation
News provided by
Share this article
Share this article
BEIJING, Jan. 26, 2021 /PRNewswire/ Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) ( Baozun ) and iClick Interactive Asia Group Limited (NASDAQ: ICLK) ( iClick ), today jointly announced that Baozun, the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, has on January 26, 2021 entered into certain agreements with iClick, an independent online marketing and enterprise data solutions provider in China.
Pursuant to the share subscription agreement entered into between Baozun and iClick, Baozun has subscribed for 649,349 newly issued Class B ordinary shares ( Issued Class B Shares ) of iClick at an aggregate subscription price of approximately US$17.2 million, or US$26.524 per Class B ordinary share ( Share Subscription ). Holders of Class B ordinary shares of iClick are entitled to 20 votes per s
(2) DJ EQS-News: Alliance Global Partners Issued Updated report on iClick (NASDAQ: ICLK) Maintained Buy and Raised Target Price from USUSD12 to USUSD18 EQS-News / 22/01/2021 / 10:44 UTC+8 Alliance Global Partners Issued Updated report on iClick (NASDAQ: ICLK) Maintained Buy and Raised Target Price from USUSD12 to USUSD18 Alliance Global Partners (A.G.P.) issued an updated report on iClick Interactive Asia Group Limited (NASDAQ: ICLK) on 20 January 2021, reiterating its Buy rating with a target price of USUSD18, which represents an upside of 34.6% from the closing price of USUSD13.37 as at 20 January 2021. A.G.P. believes market adoption of iClick s high-margin, high-value enterprise solutions is better-than-expected. It sees building mini-programs and managing data platforms for enterprises on Tencent s platform as a mega-opportunity, and the number of clients that have installed iClick s mini-programs on WeChat also beats expectation in the first nine months of 2020. By consi