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Fly News Breaks for November 4, 2015
MEET
Nov 4, 2015 | 07:13 EDT
Northland analyst Jeff Houston says confusion around earnings drove MeetMe shares down 14% yesterday. The consensus estimate did not take into account the preannounced one-time $5.8M write-down, Houston tells investors in a research note. He views the pullback in shares as a buying opportunity and keeps an Outperform rating on MeetMe with a $4 price target.
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