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Fly News Breaks for February 4, 2020
ANGI
Feb 4, 2020 | 07:17 EDT
As previously reported, Benchmark analyst Daniel Kurnos initiated coverage of Angi Homeservices with a Buy rating and $12 price target. While he acknowledges that Angi "has had its share of ups and downs," he feels muted expectations are already in the stock and contends that migration towards a fixed price model "could address several pain points and provide material upside leverage," Kurnos tells investors.