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Fly News Breaks for October 17, 2016
IAC
Oct 17, 2016 | 07:12 EDT
UBS analyst Eric Sheridan raised his price target on IAC to $83 from $74. The analyst continues to believe the sum-of-the-parts valuation provides a compelling risk/reward with a potential for upside and the ability to use its balance sheet for buybacks and strategic M&A. Sheridan reiterated his Buy rating in IAC shares.
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