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2018-03-20 07:28:58 MTCH Match Group $45.65 -0.82 (-1.76%) 07:28 03/20/18 03/20 07:28 03/20/18 07:28	Bumble calls Match Group a 'bully', says will never sell to them, Recode reports Bumble has issued an advertisement responding to a patent lawsuit by Match Group which alleged the company violated two patents and stole trade secrets, Recode reports, citing the ad. The move comes after Match Group, which owns Bumble competitor Tinder, sought to acquire Bumble for $450M last summer but had its offer rejected, hintinh the lawsuit might be a bargaining chip. In the ad, Bumble wrote, "We swipe left on you. We swipe left on your multiple attempts to buy us, copy us, and, now, to intimidate us. We'll never be yours. No matter the price tag, we'll never compromise our values. We swipe left on your attempted scare tactics, and on these endless games. We swipe left on your assumption that a baseless lawsuit would intimidate us. Given your enduring interest in our company, we expected you to know us a bit better by now. We - a woman-founded, women-led company - aren't scared of aggressive corporate culture. That's what we call bullying, and we swipe left on bullies." Reference Link
MTCH Match Group $45.65 -0.82 (-1.76%) 03/07/18 JEFF 03/07/18 NO CHANGE Target $180 JEFF Buy IAC price target raised to $180 from $170 at Jefferies Jefferies analyst Brent Thill raised his price target for IAC (IAC) to $180 in conjunction with his increased price target for Match Group (MTCH). The analyst remains positive on the name and notes that IAC now trades at a greater than $3B discount to its ownership in Match and Angi Homeservices (ANGI). His new price target reflects a sum-of-the-parts analysis. Thill keeps a Buy rating on IAC. 03/09/18 WELS 03/09/18 DOWNGRADE Target $45 WELS Market Perform Match Group downgraded to Market Perform from Outperform at Wells Fargo Wells Fargo analyst Peter Stabler downgraded Match Group to Market Perform while raising his price target for the shares to $45 from $42. The analyst believes further share appreciation will need to rely "more squarely on positive revisions rather than multiple expansion." He sees a lot to like about the Match story but feels high expectations are priced into the shares. 03/09/18 03/09/18 DOWNGRADE On The Fly: Top five analyst downgrades Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Mattel (MAT) downgraded to Underweight from Equal Weight at Barclays, with analyst Felicia Hendrix saying Mattel faces downside risk from the potential Toys R Us liquidation. 2. Himax (HIMX) downgraded to Market Perform from Outperform at Northland and to Neutral from Buy at Nomura Instinet. 3. Ecopetrol (EC) downgraded to Underperform from Hold at Santander. 4. Acacia Communications (ACIA) downgraded to Underweight from Equal Weight at Morgan Stanley, with analyst Meta Marshall saying he thinks Wall Street estimates remain too high for 2019 as he does not see a rebound in Acacia's biggest markets -- namely China and datacomm systems -- being as lucrative as consensus expectations given competition and pricing pressures. 5. Match Group (MTCH) downgraded to Market Perform from Outperform at Wells Fargo, with analyst Peter Stabler saying he believes further share appreciation will need to rely "more squarely on positive revisions rather than multiple expansion." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. 03/15/18 UBSW 03/15/18 DOWNGRADE Target $48 UBSW Neutral Match Group downgraded to Neutral from Buy at UBS 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.

2018-03-20 07:28:58

MTCH

Match Group

$45.65: -0.82 (-1.76%)

07:28

03/20/18

03/20

07:28

03/20/18

07:28

Bumble calls Match Group a 'bully', says will never sell to them, Recode reports

Bumble has issued an advertisement responding to a patent lawsuit by Match Group which alleged the company violated two patents and stole trade secrets, Recode reports, citing the ad. The move comes after Match Group, which owns Bumble competitor Tinder, sought to acquire Bumble for $450M last summer but had its offer rejected, hintinh the lawsuit might be a bargaining chip. In the ad, Bumble wrote, "We swipe left on you. We swipe left on your multiple attempts to buy us, copy us, and, now, to intimidate us. We'll never be yours. No matter the price tag, we'll never compromise our values. We swipe left on your attempted scare tactics, and on these endless games. We swipe left on your assumption that a baseless lawsuit would intimidate us. Given your enduring interest in our company, we expected you to know us a bit better by now. We - a woman-founded, women-led company - aren't scared of aggressive corporate culture. That's what we call bullying, and we swipe left on bullies." Reference Link

MTCH Match Group

$45.65: -0.82 (-1.76%)

03/07/18: JEFF

03/09/18: WELS

03/09/18

03/15/18: UBSW

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Wed	CDAY X CDAY Ceridian HCM Holding IPO Managers: Goldman Sachs, JPMorgan, Credit Suisse & Deutsche Bank, Goldman Sachs, Barclays, Citi, Jefferies, CIBC, Wells Fargo, Baird, Canaccord, Piper Jaffray, William Blair, MUFG $19.00-21.00 21M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial LASR X LASR nLight IPO Managers: Stifel & Raymond James, Needham, Canaccord, DA Davidson $13.00-15.00 5.4M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial CASA X CASA Casa Systems Secondary Managers: Morgan Stanley & Barclays, Raymond James, Stifel, Macquarie, Northland, William Blair $29.80 7.35M Shares CVNA X CVNA Carvana Secondary Managers: Wells Fargo, CITI & Deutsche Bank $29.96 10M Shares ELOX X ELOX Eloxx Pharmaceuticals Secondary Managers: Citi & Piper Jaffray, Canaccord, SunTrust $10.45 5M Shares SGMO X SGMO Sangamo Secondary Managers: BofA/Merrill, JPMorgan & Cowen $17.80 Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial TLC X TLC Taiwan Liposome Secondary Managers: Cantor Fitzgerald, CLSA, H.C. Wainwright, Janney Capital, Laidlaw $7.46 Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
Thurs	DOCU X DOCU Docusign IPO Managers: Morgan Stanley & JPMorgan, Citi, BofA/Merrill, Deutsche Bank, JMP Securities, Piper Jaffray, William Blair $26.00-28.00 21.7M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial GSHD X GSHD Goosehead Insurance IPO Managers: JPMorgan & BofA/Merrill, KWBI, William Blair $14.00-16.00 8.53M Shares Special Comments Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial SMAR X SMAR Smartsheet IPO Managers: Morgan Stanley, JPMorgan & Jefferies, RBC Capital, Canaccord, William Blair, SunTrust $12.00-14.00 11.633M Shares Special Comments Ratings Some content is locked. Log in above or sign up for a free trial to see this information. Get Free Trial
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Bumble calls Match Group a 'bully', says will never sell to them, Recode reports

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