solarseven/iStock via Getty Images
- Hello Group (MOMO -11.4%) drops about 11% as Citi cut the recommendation on Class A ADRs to Neutral from Buy.
- PT set to $13.60, implies a 32% increase from latest price.
- ADRs average PT is $14.20.
- Company ADRs reported earnings and sales that topped estimates for the quarter on November 30.
- Some bullish commentary on the stock by analyst who write: 'Hello Group: Upcoming Q3 Earnings And Tantan Growth Will Confirm A Brand New Bullish Trend'