Piper Jaffray Starts Match Group (MTCH) at Overweight

April 4, 2017 4:39 AM EDT
Get Alerts MTCH Hot Sheet
Price: $141.57 -0.22%

Rating Summary:
    17 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 7 | New: 31
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Piper Jaffray initiates coverage on Match Group (NASDAQ: MTCH) with a Overweight rating and a price target of $21.00.

Analyst Sam Kemp says "Tinder and the hot mess of Match brands still lookin' fine". He sees potential still for Tinder as current and future paid features drive higher paid subs. He also believes legacy platforms like OKCupid are beginning to stabilize.

For an analyst ratings summary and ratings history on Match Group click here. For more ratings news on Match Group click here.

Shares of Match Group closed at $16.55 yesterday.

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