Form 6-K Momo Inc. For: Jun 08

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Momo Inc. (MOMO) PT Lowered to $18.10 at Jefferies

June 9, 2021 7:52 AM EDT

Jefferies analyst Thomas Chong lowered the price target on Momo Inc. (NASDAQ: MOMO) to $18.10 (from $21.50) while maintaining a Buy rating.

The analyst comments "Momo reported 1Q results with revenue inline with our estimates and non-GAAP earnings beat on better operating performance and higher... More