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Fly News Breaks for March 15, 2018
MTCH
Mar 15, 2018 | 05:15 EDT
UBS analyst Eric Sheridan downgraded Match Group to Neutral while raising his price target for the shares to $48 from $42. The analyst sees a more balanced risk/reward profile with the shares up 45% year-to-date. The long-term growth outlook for the company remains positive, Sheridan tells investors in a research note.