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Fly News Breaks for February 11, 2019
ANGI, IAC
Feb 11, 2019 | 08:47 EDT
Credit Suisse analyst Stephen Ju raised his price target for IAC (IAC) to $243 from $231 after the company modestly beat top and bottom line despite a continued ramp in marketing spend as it grows Vimeo/Tinder subscriptions and onboards incremental service professionals for Angi Homeservices (ANGI) to help keep pace with strong customer demand. The analyst reiterates an Outperform rating on IAC's shares.
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