Guggenheim analyst Jake Fuller reiterated a Buy rating on IAC/InterActiveCorp (NASDAQ: IAC) on August 10 and set a price target of $212. The company’s shares closed on Friday at $193, close to its 52-week high of $195.27.
According to TipRanks.com, Fuller is a 5-star analyst with an average return of 20.2% and a 61.2% success rate. Fuller covers the Services sector, focusing on stocks such as Despegar.com Corp., TripAdvisor Inc, and Expedia.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for IAC/InterActiveCorp with a $224.80 average price target, a 16.5% upside from current levels. In a report issued on August 2, Barclays also maintained a Buy rating on the stock with a $196 price target.
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The company has a one-year high of $195.27 and a one-year low of $103.02. Currently, IAC/InterActiveCorp has an average volume of 845K.
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IAC/InterActiveCorp. engages in the provision of media and Internet services. It operates through the following business segments: Match Group, ANGI Homeservices, Video, Applications, Publishing, and Other. The Match Group segment provides dating products, operating a portfolio of several brands, including Match, Tinder, PlentyOfFish, and OkCupid.
