Momo (MOMO) Tops Q1 EPS by 12c, Sales Beat
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Momo Inc. (MOMO) PT Raised to $50 at HSBC; 'We Expect MOMO to Deliver Sustainable Growth'
May 24, 2017 11:29 AM EDTHSBC raised its price target on Momo Inc. (NASDAQ: MOMO) to $50.00 (from $43.00) while maintaining a Buy rating, following the company's first quarter earnings top/bottom line beat, plus commentary from CEO Tang Yan on business and industry outlook.
Analyst Terry Chen... More
Deutsche Bank Upgrades Momo Inc. (MOMO) to Buy
May 24, 2017 8:29 AM EDTDeutsche Bank upgraded Momo Inc. (NASDAQ: MOMO) from Hold to Buy with a price target of $52.00 (from $30.00) citing accelerating user growth and impressive profitability.
Analyst Eileen Deng commented, "Momo delivered impressive 1Q adj net income of US$90.7m (36%/39% higher than... More
