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Fly News Breaks for May 3, 2017
ANGI, IAC
May 3, 2017 | 07:51 EDT
Cowen analyst John Blackledge raised his price target on IAC (IAC) to $115 from $90 following its deal to acquire Angie's List (ANGI). The deal is expected to close in Q4 and should create significant value for IAC, said Blackledge, who reiterated his Outperform rating on IAC shares.
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