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Fly News Breaks for January 9, 2020
MTCH, IAC
Jan 9, 2020 | 08:47 EDT
Oppenheimer analyst Jason Helfstein raised his price target for IAC (IAC) to $295 from $270 following the company's disclosure of details around the Match Group (MTCH) spinoff. The analyst believes both companies will benefit from the transaction as his calculations suggest 17%-20% 2020/2021 free cash flow/share accretion for Match, with IAC well capitalized, and already deploying capital. Helfstein reiterates an Outperform rating on IAC's 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
MTCH
Mar 26, 2024 | 12:26 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: While... To see the rest of the story go to thefly.com. See Story Here