Form 6-K Momo Inc. For: May 23
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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
