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Fly News Breaks for September 20, 2016
MTCH, IAC
Sep 20, 2016 | 06:01 EDT
Wells Fargo analyst Peter Stabler upgraded IAC (IAC) to Outperform saying the current share price does not adequately reflect the sum of the company's Match Group (MTCH) stake and its "collection of mature and emerging assets." The analyst also has increased confidence in HomeAdvisor's market position and potential to sustain current momentum. He raised his price target range for IAC shares to $75-$77 from $62-$64.
News For IAC;MTCH From the Last 2 Days
