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Stock Market & Financial Investment News

News Breaks
January 31, 2013
09:01 EDTMEETMeetMe has positive read-through from Facebook, says Northland Securities
After Facebook (FB) reported that 65% of its advertisers utilized news feed ads and that its mobile ad revenue surged 100% quarter over quarter, Northland views these metrics as positive indications for the upcoming launch of MeetMe's (MEET) feed based products this quarter. The firm maintains an Outperform rating on MeetMe.
News For MEET From The Last 14 Days
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December 11, 2014
07:33 EDTMEETMeetMe valuation gap to Momo unjustified, says Wunderlich
Wunderlich believes the valuation of Momo (MOMO), which begins trading today, is "extreme" for both the company and peer MeetMe (MEET). The firm believes the valuation gap between the two companies is unjustified, but points out Momo is growing revenue and users "substantially faster" than MeetMe. Wunderlich says MeetMe's mobile user growth is tracking well and keeps a Buy rating on the stock with a $4.50 price target.

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