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TodayIR: CCBI Issued Updated Report on iClick (NASDAQ: ICLK) Maintained Outperform and Raised Target Price from USUSD10.10 to USUSD18


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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 it ....

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iClick Interactive Asia Group Limited Issues Letter to Shareholders and Provides Corporate Update


iClick Interactive Asia Group Limited Issues Letter to Shareholders and Provides Corporate Update
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HONG KONG, Jan. 13, 2021 /PRNewswire/ iClick Interactive Asia Group Limited ( iClick or the Company ) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announces the release of the following letter to shareholders from Mr. Jian T.J. Tang, Co-founder and Chief Executive Officer of iClick.
Dear iClick Shareholders,
I am happy to write this second letter to shareholders from a position of strength and optimism despite the incredible strain the COVID pandemic has placed on global economies. While the events of 2020 were unforeseen at the time of my first letter to shareholders, I believe our company s response to the pandemic underscores the iClick team s dedication and ingenuity in times of crisis. Please rest assured that we will see continued resilie ....

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