{I-bank focus}BOCI raises WB (09898) to HKD79

  BOCI raised the target price for WB (09898) to HKD79 from HKD64 and maintained the "hold" rating.
  The research house said it expects divergent performances of key advertisers in the following quarters including FMCG, 3C, eCommerce, auto and game closely related to policies (trade-in and stimulus), new product launch cycles, national/global national events and operations.