The Meet Group Inc Gets a Hold Rating from Canaccord Genuity


In a report released yesterday, Michael Graham from Canaccord Genuity maintained a Hold rating on The Meet Group Inc (NASDAQ: MEET), with a price target of $3. The company’s shares opened today at $2.35, close to its 52-week low of $1.84.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 15.5% and a 61.4% success rate. Graham covers the Technology sector, focusing on stocks such as Paypal Holdings, Facebook Inc, and Alphabet Inc.

The Meet Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of $3.63.

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The company has a one-year high of $6.45 and a one-year low of $1.84. Currently, The Meet Group Inc has an average volume of 1.24M.

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The Meet Group, Inc. provides on-line social networking services. It offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The company was founded by Jeffrey Scott Peterson in June 1997 and is headquartered in New Hope, PA.

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