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Fly News Breaks for January 28, 2020
CRCM, MTCH, IAC
Jan 28, 2020 | 07:36 EDT
Barclays analyst Ross Sandler raised his price target for IAC (IAC) to $290 from $254 and keeps an Overweight rating on the shares. IAC remains a "compelling value" among Smid-cap Internet with the certainty around the Match Group (MTCH) spin and the "2008-like catalyst" of unlocking the $34 per share, Sandler tells investors in a research note. Further, management is wasting no time moving to its next project with the ~$500M acquisition of Care.com (CRCM), the analyst adds.
News For IAC;MTCH;CRCM From the Last 2 Days
MTCH
Jan 14, 2021 | 07:37 EST
Cowen analyst John Blackledge raised the firm's price target on Match Group to $175 from $145 and keeps an Outperform rating on the shares. The analyst expects strong Q4 results with revenue growth near the high end of guidance, led by Tinder and Non-Tinder brands.
IAC
Jan 14, 2021 | 07:15 EST
Deutsche Bank analyst Kunal Madhukar raised the firm's price target on IAC to $230 from $165 and keeps a Buy rating on the shares. The company's December monthly update came in better than expected across the broad, Madhukar tells investors in a research note.