Impact of Brokerage Rating on Momo Inc.(MOMO)

Many Momo Inc.(MOMO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Momo Inc (ADR) was Initiated by Instinet on Feb 13, 2017 to Buy, Price Target of the shares are set at $34.Momo Inc (ADR) was Initiated by Jefferies on Feb 8, 2017 to Buy, Price Target of the shares are set at $30.Momo Inc (ADR) was Initiated by CLSA to Buy on Dec 12, 2016.

Momo Inc (ADR) Last issued its quarterly earnings results on Nov 19, 2015. The company reported $0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.05. The company had revenue of $37.50 million for the quarter, compared to analysts expectations of $44.90 million. The companys revenue was up 204.9% compared to the same quarter last year.

Momo Inc. (NASDAQ:MOMO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.17 by 3 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating.

Momo Inc. (NASDAQ:MOMO): The mean short term price target for Momo Inc. (NASDAQ:MOMO) has been established at $32.25 per share. The higher price target estimate is at $34 and the lower price target estimate is expected at $30 according to 4 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $1.71

Momo Inc. (NASDAQ:MOMO) rose 0.04% or 0.01 points on Tuesday and made its way into the gainers of the day. After trading began at $25.55 the stock was seen hitting $25.5856 as a peak level and $24.96 as the lowest level. The stock ended up at $25.41. The daily volume was measured at 936,532 shares. The 52-week high of the share price is $28.44 and the 52-week low is $7.49. The company has a market cap of $4,933 million.

Momo Inc. provides mobile-based social networking platform primarily in the Peoples Republic of China. Its platform includes mobile applications and related features, functionalities, tools and services. The Company offers two types of mobile game services non-exclusive mobile game services and exclusive mobile game services. It also provides membership subscription and other services which include paid emoticons and mobile marketing services. Momo Inc. is headquartered in Beijing, the Peoples Republic of China.

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