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HELLO GROUP INC sees a downgrade to Slightly Negative on account of le...
The independent financial analyst theScreener just lowered the general evaluation of HELLO GROUP INC (US), active in the Software industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date March 1, 2022, the closing price was USD 9.44 and its target pric...
- Tian Hou
MOMO: MOMO Core Live Broadcasting Business On Track To Recovery In 3Q2...
MOMO will report 3Q21 results on November 30th before the markets open with an 8am ET conference call. We are neutral on MOMO’s 3Q21 performance. MOMO core’s live broadcasting was on track to recovery in 3Q21, but may be under pressure in 4Q21 due to the weakening of the macro economy as well as recent outbreak of COVID cases. In recent quarters, Tantan is focusing on restructuring. We do not expect meaningful outcomes yet from the changes.
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