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MeetMe (NASDAQ:MEET) price target increased to $10.00, issued a ratings update today by Canaccord

Having a price of $5.19, MeetMe (NASDAQ:MEET) traded -1.14% lower on the day. With the last stock price down -0.57% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. MEET has recorded a 50-day average of $4.97 and a two hundred day average of $5.22. Trade Volume was up over the average, with 2,061,637 shares of MEET changing hands over the typical 1,829,300

Canaccord bumped up the target of MeetMe (NASDAQ:MEET) to $10.00 reporting a potential upside of 0.93%.

Previously on 3/09/2017, Zacks Investment Research reported on MeetMe (NASDAQ:MEET) increased the target price from $0.00 to $6.50. At the time, this indicated a possible upside of 0.14%.

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With a total market value of $0, MeetMe has price-earnings ratio of 6.49 with a one year low of $2.71 and a 52 week high of $8.11 .

About MeetMe (NASDAQ:MEET)

MeetMe, Inc. is a social media technology company that owns and operates the MeetMe mobile applications and The Company is a location-based social network for meeting new people both on the Web and on mobile platforms, including on iPhone, Android, iPad and other tablets that facilitate interactions among users. The Company provides users with access to a menu of resources that promote social interaction, information sharing and other topics of interest. The Company offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The Company's social networking products include Profile, Chat and Friends. The Company's social discovery products include Feed, which is the Company's location-based stream communication feature, and Meet. The Company has approximately 4.97 million monthly active users (MAUs) and approximately 1.19 million daily active users (DAUs).

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