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Fly News Breaks for May 5, 2017
ANGI, IAC
May 5, 2017 | 07:12 EDT
UBS analyst Eric Sheridan raised his price target on IAC to $115 from $84 following solid Q1 results and its deal to merge HomeAdvisor with Angie's List (ANGI). The analyst feels the shares represent a compelling risk/reward given IAC's mix of growth assets. Sheridan reiterated his Buy rating on IAC shares.
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