UBS analyst Stephen Ju lowered the firm’s price target on IAC (IAC) to $38 from $54 and keeps a Neutral rating on the shares. DDM digital and Care.com are likely to receive greater scrutiny with the Angi Inc. (ANGI) spin now complete, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IAC: