Jefferies analyst Brent Thill raised his price target for Match Group to $64 following the company's Q4 results. Valuation will come into question as Match is now trading towards the high end of its historical range, Thill tells investors in a research note titled "The Best Dates are Never Cheap: Remains a Top Pick." The analyst says that while further multiple expansion "may prove difficult at these levels," he trust the company's "history of quarterly execution and the long-term tailwinds at play." However, he expects the stock to "grind higher rather than fly higher." Match Group remains a top mid cap pick at Jefferies, Thill says.
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