Oppenheimer downgraded IAC (IAC) to Perform from Outperform without a price target The firm says IAC’s sum-of-the-parts share discount is back to historical highs and there is minimal upside to 2026 estimates. It cites valuation and a lack of near-term catalysts for the downgrade.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IAC:
- IAC price target raised to $46 from $43 at JPMorgan
- IAC price target raised to $45 from $41 at Jefferies
- AI Daily: Senators aim to bar Nvidia from selling AI chips to China
- People Inc. announces AI content partnership with Meta
- IAC price target lowered to $52 from $57 at Truist