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Fly News Breaks for November 8, 2019
ANGI, IAC
Nov 8, 2019 | 09:19 EDT
Deutsche Bank analyst Kunal Madhukar lowered his price target for IAC (IAC) to $256 from $279 and keeps a Buy rating on the shares. IAC delivered a "solid quarter," with the core businesses of Vimeo, Dotdash, and Mosaic "reaching critical revenue milestones," and Angi Homeservices' (ANGI) sales growth came in better than feared, Madhukar tells investors in a research note.
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