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Tuesday, 05/23/2017 2:19:16 PM

Tuesday, May 23, 2017 2:19:16 PM

Post# of 363828
Momo price target raised to $52 from $42 at Jefferies
Jefferies analyst Karen Chan raised her price target for Momo to $52 saying the company posted "another beat-and-raise quarter." The analyst continues to see further share upside as Momo accelerates its monthly active user growth with improving monetization potential. The analyst reiterates a Buy rating on the shares

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