Goldman Sachs Resumes IAC/InterActiveCorp (IACI) at Neutral

December 14, 2011 8:17 AM EST
Get Alerts IACI Hot Sheet
Price: $50.68 -2.86%

Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs resumes overage on IAC/InterActiveCorp (NASDAQ: IACI) with a Neutral rating and $49 price target.

"While IAC should benefit from growth and improved monetization in its Personals business domestically and abroad, tough comps in the toolbar business and the mature search and media businesses will remain headwinds to growth," the firm said.

For an analyst ratings summary and ratings history on IAC/InterActiveCorp click here. For more ratings news on IAC/InterActiveCorp click here.

Shares of IAC/InterActiveCorp closed at $40.20 yesterday.


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