Oppenheimer analyst Jason Helfstein lowered the firm’s price target on IAC to $65 from $70 and keeps an Outperform rating on the shares as Q3 largely in line and same story as Q2. The firm notes the company lowered 2023 consolidated EBITDA guidance, now 5%/10% below Opco/Street.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on IAC:
- IAC price target lowered to $62 from $75 at Barclays
- IAC reports Q3 EPS ($4.72) vs (74c) last year
- IAC Earnings Release and Letter to Shareholders Available on Company’s Website
- IAC price target lowered to $72 from $81 at KeyBanc
Questions or Comments about the article? Write to editor@tipranks.com