JMP Securities Initiates MeetMe At Market Outperform

Analysts at JMP Securities initiated coverage on shares of MeetMe

with a Market Outperform rating. The target price for MeetMe is set to $3. MeetMe shares have jumped 50.31% over the past 52 weeks, while the S&P 500 index has surged 19.89% in the same period. MeetMe's shares fell 1.21% to close at $2.45 yesterday.