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Fly News Breaks for December 19, 2018
LOV
Dec 19, 2018 | 07:26 EDT
Canaccord analyst Austin Moldow initiated Spark Networks with a Buy rating, noting that its recent merger has created the fifth largest dating portfolio measured by subscription revenue. The analyst believes the combined entity's forward growth will be driven by its investment in three U.S. brands. Moldow has a $14 price target on Spark Networks shares.
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