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Fly News Breaks for January 8, 2019
MEET
Jan 8, 2019 | 14:40 EDT
After Meet Group pre-announced preliminary Q4 sales and adjusted EBITDA that were above guidance and Roth Capital's estimates, Roth analyst Darren Aftahi raised his FY19 estimates for live video and better ad revenue and increased his price target on the stock to $8 from $6.75. The analyst, who thinks Meet's fundamentals remain strong and said he would be aggressive buyer at current levels, keeps a Buy rating on the stock.
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