Oppenheimer analyst Jason Helfstein raised his price target for Match Group to $92 from $85 despite Q4 results that missed Street expectations on revenue and Tinder Subscribers. The analyst sees upside to shares as guidance appears conservative, given new CEO, with Tinder direct revenue growth of 28%-plus year over year versus 43%-plus in fiscal year 2019, with fiscal year 2020 users growing 22%-plus year over year. Helfstein has an Outperform rating on the shares.

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Tinder is enabling users to share their date plans with friends and family directly from the app through a "Share My Date" feature, TechCrunch's Lauren Forristal reports, citing a statement. The feature will allow users to send recipients a link that includes details about the date including the match's name, meeting location, date and time. "At Tinder, we continue to release new features that aim to create a fun, safe, and respectful experience for all," Tinder CMO Melissa Hobley said. "Discussing plans with friends and family is a time-honored dating ritual. Share My Date streamlines this basic info-sharing so singles can jump right to the exciting part, from figuring out what to wear to prepping conversation topics." Reference Link