Wells Fargo Remains a Hold on Match Group (MTCH)


Wells Fargo analyst Brian Fitzgerald maintained a Hold rating on Match Group (MTCH) on January 17. The company’s shares closed last Monday at $91.11, close to its 52-week high of $95.32.

According to TipRanks.com, Fitzgerald is a top 25 analyst with an average return of 34.1% and a 79.4% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Uber Technologies, and Pinterest.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Match Group with a $87.31 average price target, representing a -5.1% downside. In a report issued on January 17, UBS also downgraded the stock to Hold with a $95.00 price target.

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The company has a one-year high of $95.32 and a one-year low of $47.57. Currently, Match Group has an average volume of 1.92M.

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Match Group, Inc. engages in providing dating products. Its brands include: Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24. It operates through the following segments: Dating and Non-Dating. The Dating segment provides dating products.

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