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Fly News Breaks for May 29, 2015
IACI
May 29, 2015 | 08:12 EDT
Cowen raised its price target on IAC to $90 from $84 following its investor presentation. The firm cited a sum-of-the-parts valuation, the potential for Match.com spinoff and a solid start to Tinder monetization. Cowen reiterated its Outperform rating on IAC shares.
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