As previously reported, Wedbush analyst Ygal Arounian initiated Angi Homeservices with an Outperform rating and $26 price target, telling investors in a research note that the HomeAdvisor and Angie's List combination has created a company with strong leadership and "unmatched scale: in a market highlighted with strong structural tailwinds, allowing the company to capture a shift in a market that is expected to steadily shift online. The analyst thinks consensus estimates may be "light" for 2019 with the leverage already seen in the model, but says either revenue or margin expansion may have the capability to come in higher than expectations.