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Fly News Breaks for April 2, 2019
LOV
Apr 2, 2019 | 07:11 EDT
Canaccord analyst Austin Moldow raised his price target on shares of Spark Networks to $19 from $14 following the company's announcement of a deal to combine with Zoosk and after recent "upbeat" investor meetings with Spark's CEO and CFO. The scale gained from the combination with Zoosk has the potential to measurably improve marketing efficiency, said Moldow, who keeps a Buy rating on Spark shares.
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