Spark Networks price target lowered to $1.50 from $3 at B. Riley

B. Riley lowered the firm’s price target on Spark Networks to $1.50 from $3 and keeps a Buy rating on the shares following the "mixed" Q4 results. The analyst maintains "hope" in Spark’s ability to affect a sale of the company to a strategic buyer, but recognizes that a buyout price "is likely to reflect its current impacted stock price."