TD Cowen lowered the firm’s price target on IAC (IAC) to $60 from $62 and keeps a Buy rating on the shares. The firm updated its model following Q2 results where reveue was about 3% below the firm’s estimates.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IAC: