iClick Interactive Asia price target lowered to $3.50 from $17 at Citi

Citi analyst Nelson Cheung lowered the firm’s price target on iClick Interactive Asia to $3.50 from $17 and keeps a Buy rating on the shares. The analyst views the company’s Q3 results as "mixed" and saysiClick continued to face "heavy overhang" from soft ad sentiment and delayed implementation of enterprise projects.