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Fly News Breaks for August 9, 2019
ANGI, MTCH, IAC
Aug 9, 2019 | 08:04 EDT
Oppenheimer analyst Jason Helfstein raised his price target for IAC (IAC) to $310 from $285 and maintained an Outperform rating, citing the increase in Match.com (MTCH) stock, partially offset by a lower target value for Angi Homeservices (ANGI). In a research note to investors, Helfstein says he expects Match.com spun off in a tax-free transaction, after IAC shifts debt to Match, and says the restructured balance sheet should benefit Angi and allow larger acquisitions.
News For IAC;MTCH;ANGI From the Last 2 Days
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