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Fly News Breaks for March 7, 2018
MOMO
Mar 7, 2018 | 15:59 EDT
Deutsche Bank analyst Eileen Deng raised her price target for Momo to $46 saying the company's "strong" Q1 guidance and growing pay ratio indicate favorable results from its improving live streaming ecosystem. The analyst maintains a Buy rating on the shares following Momo's Q4 report.
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