Oppenheimer Maintains Outperform Rating for IAC/InterActive: Here's What You Need To Know
Oppenheimer has decided to maintain its Outperform rating of IAC/InterActive (NASDAQ:IAC) and lower its price target from $155.00 to $135.00.
Shares of IAC/InterActive are trading up 2.34% over the last 24 hours, at $80.94 per share.
A move to $135.00 would account for a 66.79% increase from the current share price.
IAC/InterActiveCorp is an Internet media company with segments that include Angi, Dotdash, search, emerging and other. The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.