Nomura Sticks to Their Buy Rating for IAC/InterActiveCorp (IAC)
In a report issued on February 7, Mark Kelley from Nomura maintained a Buy rating on IAC/InterActiveCorp (IAC), with a price target of $304.00. The company’s shares closed last Monday at $240.67.
According to TipRanks.com, Kelley is a 4-star analyst with an average return of 13.4% and a 74.6% success rate. Kelley covers the Technology sector, focusing on stocks such as Spotify Technology SA, ANGI Homeservices, and Match Group.
IAC/InterActiveCorp has an analyst consensus of Strong Buy, with a price target consensus of $293.54, which is a 21.1% upside from current levels. In a report issued on January 28, Barclays also maintained a Buy rating on the stock with a $290.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $278.85 and a one-year low of $201.50. Currently, IAC/InterActiveCorp has an average volume of 876.8K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
IAC/InterActiveCorp. engages in the provision of media and Internet services. It operates through the following business segments: Match Group, ANGI Homeservices, Vimeo, Dotdash, Applications and Emerging & Other. The Match Group segment provides dating products, operating a portfolio of several brands, including Match, Tinder, PlentyOfFish, and OkCupid.