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Cheetah Mobile (CMCM) got price target hikes Wednesday after the company reported better-than-expected Q1 earnings Tuesday and Cheetah stock leaped to a new high for the third time in the past four trading days. “We remain positive on Cheetah Mobile, considering the early traction of its international monetization, growth potential of mobile Internet space, and alliance support from leading China Internet companies,” Summit Research Partners Scalper1 News
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