IAC/Interactive Corp (IAC) Misses Q3 EPS by $2.65, Considers Spinoff of Angi (ANGI)

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ANGI HomeServices (ANGI) PT Lowered to $2.75 at RBC Capital

November 13, 2024 6:43 AM EST

RBC Capital analyst Brad Erickson lowered the price target on ANGI HomeServices (NASDAQ: ANGI) to $2.75 (from $3.25) while maintaining a Sector Perform rating.

The analyst comments "ANGI's Q3 was mixed, but it came with announcement that IAC management is exploring spinning ANGI out from IAC's... More