Morgan Stanley lowered the firm’s price target on Match Group (MTCH) to $33 from $36 and keeps an Equal Weight rating on the shares. Heading into the company’s analyst day, there is “heavy debate on the right targets to set up the story for success,” says the analyst, who updated the firm’s model for new segment disclosures.
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Read More on MTCH:
- Match Group price target lowered to $43 from $45 at KeyBanc
- Match Group price target lowered to $35 from $47 at RBC Capital
- Match Group price target lowered to $42 from $46 at TD Cowen
- Match Group price target lowered to $40 from $45 at Susquehanna
- Match Group price target lowered to $38 from $43 at UBS