Investors 'swipe right' in Tinder-owner Match's debut
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Needham & Company Raises PT for IAC (IACI) on Sum of the Parts
November 20, 2015 8:26 AM ESTNeedham & Company analyst, Kerry Rice, raised his IAC/InterActiveCorp (NASDAQ: IACI) price target to $78 (from $76) on higher HomeAdvisor and Vimeo valuations that better reflect their public comps. Based on his analysis, he believes, there is minimal downside to IAC's shares at current levels.
The impact from the Match Group IPO is modest; therefore, their previous valuation is... More
