Fly News Breaks for February 21, 2020
Feb 21, 2020 | 08:26 EDT
Deutsche Bank analyst Kunal Madhukar raised the firm's price target on IAC to $290 from $256 and keeps a Buy rating on the shares. The analyst cites the company's sum-of-the-parts for the target raise. As the spin approaches, the analyst says there has been increasing investor interest in IAC's other assets, especially Vimeo and Dotdash.
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