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Fly News Breaks for August 15, 2017
IAC
Aug 15, 2017 | 09:04 EDT
Aegis analyst Victor Anthony raised IAC's price target to $125 and maintained a Buy rating following the Q2 beat. The analyst said IAC remains a top pick this year and expects the combination of HomeAdvisor and Angie's List is likely to accelerate the adoption of the home services market, which remains largely untapped on the Internet. Anthony also sees upside from Match/Tinder value unlock, better performance at Applications and Publishing, and increasing value at Vimeo.
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