In a report released yesterday, Jason Helfstein from Oppenheimer assigned a Buy rating to IAC/InterActive (IAC), with a price target of $265.00. The company’s shares closed last Tuesday at $237.10, close to its 52-week high of $266.00.
According to TipRanks.com, Helfstein is a top 25 analyst with an average return of 42.0% and a 69.3% success rate. Helfstein covers the Technology sector, focusing on stocks such as Opendoor Technologies, Spotify Technology SA, and Zillow Group Class C.
Currently, the analyst consensus on IAC/InterActive is a Strong Buy with an average price target of $242.35.
See today’s analyst top recommended stocks >>
The company has a one-year high of $266.00 and a one-year low of $35.58. Currently, IAC/InterActive has an average volume of 681.3K.
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 is an Internet media company with segments that include ANGI Homeservices (51% of total revenue), Vimeo (9%), Dotdash (7%), applications (14%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider, Match Group, in second-quarter 2020.
