The Meet Group (NASDAQ: MEET) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Following the latest MEET acquisition rumor, this time by Match Group, which we believe makes much more sense given the standing relationship across PlentyOfFish and MEET’s VPaaS, we continue to believe shares could be valued at ~$7-$8/share or ~10x-12x FY20E EBITDA. We believe this represents a fair value for shares given control premium, synergies, and possible competition but note neither party has responded to the rumors. Maintain Buy rating and $6.50 price target (fundamental PT).”
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About The Meet Group
The Meet Group (NASDAQ: MEET) is a leading provider of interactive livestreaming solutions designed to meet the universal need for human connection. Its ecosystem of livestreaming apps enables users around the world to interact through one-to-many livestreaming broadcasts and text-based conversations. The company’s top apps, MeetMe(R), LOVOO(R), Skout(R), Tagged(R) and Growlr(R), deliver live interactions and meaningful connections to millions of users daily. Headquartered in New Hope, PA, The Meet Group has offices in Philadelphia, San Francisco, Dresden, and Berlin. The Meet Group is committed to safety. Find a description of current safety practices at www.TheMeetGroup.com/Safety-Practices. For more information, visit www.TheMeetGroup.com.
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