Information Provided By:
Fly News Breaks for May 10, 2019
MTCH, IAC
May 10, 2019 | 07:30 EDT
BofA Merrill Lynch analyst Nat Schindler noted that IAC InterActive (IAC) reported in-line Q1 results and lowered its FY19 EBITDA guidance, but he continues to view its portfolio of Internet assets trading at a "severe discount" to their sum-of-the-parts value. He raised his price target on IAC shares to $295 from $273 based on his sum-of-parts valuation after updating his price target on Match (MTCH) to $75. Schindler keeps a Buy rating on IAC shares.
News For IAC;MTCH From the Last 2 Days
MTCH
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here