Match forecasts lackluster revenue as Tinder turnaround takes longer
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November 8, 2024 5:10 AM EST
Barclays analyst Ross Sandler lowered the price target on Match Group (NASDAQ: MTCH) to $53.00 (from $55.00) while maintaining a Overweight rating.
The analyst comments "The Key Take-Away: MTCH reported revenue and EBITDA that were broadly in-line with consensus but guided below for 4Q. The... More
November 8, 2024 4:57 AM EST
Goldman Sachs analyst Alexandra Steiger lowered the price target on Match Group (NASDAQ: MTCH) to $40.00 (from $45.00) while maintaining a Buy rating.
The analyst comments "In its Q324 earnings report, Match Group produced a weaker set of results with Tinder facing several headwinds including pressure on user... More
November 7, 2024 2:21 PM EST
Truist Securities analyst Youssef Squali lowered the price target on Match Group (NASDAQ: MTCH) to $35.00 (from $37.00) while maintaining a Hold rating.
The analyst comments "We remain at Hold awaiting better visibility into the turnaround at Tinder, which now may take until 2H25... More
