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MEET

Meet Group

$5.61

-0.51 (-8.33%)

07:00
10/05/16
10/05
07:00
10/05/16
07:00

MeetMe launches mobile banner ads for international users

MeetMe announced that it now displays mobile banner ads to its international users. The company first began testing international ad placements in late August of this year. Prior to that, it displayed ads only to its English-language users.

MEET Meet Group
$5.61

-0.51 (-8.33%)

08/17/16
JMPS
08/17/16
NO CHANGE
JMPS
MeetMe shares should be bought on weakness, says JMP Securities
After MeetMe's stock tumbled 32% recently, JMP Securities analyst Ronald Josey blames the plunge on reports which were "critical of its ad model" and the activity of its users. But Josey says these issues aren't new and shouldn't impact the company fundamentals or its core business. According to Josey, the company is trading at a "significant discount" to its social network peers. He reiterates a $9 price target and Outperform rating on the stock.
08/25/16
LOOP
08/25/16
INITIATION
LOOP
Buy
MeetMe initiated with a Buy at Loop Capital
Loop Capital analyst Blake Harper initiated MeetMe with a Buy rating and $9.00 price target.
09/07/16
ROTH
09/07/16
NO CHANGE
Target $8.5
ROTH
Buy
Roth Capital remains a buyer of MeetMe
Roth Capital analyst Darren Aftahi says MeetMe's $15M announced repurchase plan shows management's confidence in its business prospects. Given a reiteration of guidance, announced buyback, and the analyst's channel checks with its primary ad exchange partners suggesting relationships with the company are in good standing, Aftahi continues to recommend accumulation of MeetMe's stock. He reiterates a Buy rating and $8.50 price target on the shares.
09/30/16
ROTH
09/30/16
NO CHANGE
ROTH
Buy
Facebook video measurement gaffe has no impact on MeetMe, says Roth Capital
Roth Capital analyst Darren Aftahi noted that recent bear reports, including one that surfaced yesterday, regarding MeetMe (MEET) contend that the company could be negatively impacted by spillover from Facebook's (FB) admission that it had been overstating time spent by its users watching video on its platform, but he does not expect Facebook's issue to have any impact on MeetMe. He also said that, contrary to bear assertions of bad reviews, MeetMe's app scores well relative to Tinder and Snapchat. The analyst keeps a Buy rating on MeetMe and sees pullbacks following short reports as buying opportunities.

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