Momo (MOMO) Tops Q3 EPS by 7c

Go back to Momo (MOMO) Tops Q3 EPS by 7c

Momo Inc. (MOMO) PT Lowered to $40 at Nomura/Instinet on 3Q Report; 'Midpoint 4Q Revenue Guidance was 1% Below Consensus'

November 29, 2017 9:14 AM EST

Nomura/Instinet lowered its price target on Momo Inc. (NASDAQ: MOMO) to $40.00 (from $52.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Jialong Shi notes a cautious outlook on the shares, as the company reported third quarter earnings per share... More

Momo Inc. (MOMO) PT Lowered to $50 at Jefferies, Keeps 'Buy'

November 29, 2017 8:28 AM EST

Jefferies lowered its price target on Momo Inc. (NASDAQ: MOMO) to $50.00 (from $54.00) while maintaining a Buy rating following Q3 results.

Analyst Karen Chan notes MAU QoQ growth came in sluggish with flattish live streaming paying users due to higher engagement in... More