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Fly News Breaks for May 5, 2017
ANGI, IAC
May 5, 2017 | 08:01 EDT
Oppenheimer analyst Jason Helfstein raised his price target for IAC (IAC) to $120 from $94 as he believes it is undervalued based on implied ANGI Homeservices Inc. market value, following the company's announced merger with Angie's List (ANGI). He reiterates an Outperform rating on IAC's shares.
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