Analyst Introduces Buy Rating On MeetMe, Sees Almost 50\% Upside
March 20, 2017 - 11:48am
Although MeetMe Inc (NASDAQ: MEET)'s platform is lesser-known than other dating and social networking services, user trends within its target demographic have been strong and there seem to be “incremental monetization opportunities,” Canaccord Genuity’s Michael Graham said in a report.
While mentioning that MeetMe had gained “a promising spot on the social networking landscape,” Graham added that the acquisitions of Skout and if(we) seemed “promising” and there seems to be potential for further purchases.
In time, MeetMe could become an acquisition target, Graham commented, while initiating coverage of ...Full story available on Benzinga.com
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