Match Group expects quarterly revenue below estimates as spending on dating apps falls
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Match Group (MTCH) PT Lowered to $33 at RBC Capital
May 9, 2024 6:30 AM EDTRBC Capital analyst Brad Erickson lowered the price target on Match Group (NASDAQ: MTCH) to $33.00 (from $43.00) while maintaining a Outperform rating.
The analyst comments "MTCH reported another qtr in what has been a string of disappointments owed to ongoing Tinder... More
Match Group (MTCH) PT Lowered to $44 at BofA Securities
May 9, 2024 6:03 AM EDTBofA Securities analyst Curtis Nagle lowered the price target on Match Group (NASDAQ: MTCH) to $44.00 (from $46.00) while maintaining a Buy rating.
The analyst comments "Reported 1Q24 rev/EBITDA of $860mn/$279mn, up 9%/6% YoY, above Street at $856mn/$275mn. FX was a 3ppt... More
