UBS lowered the firm’s price target on Match Group (MTCH) to $34 from $36 and keeps a Neutral rating on the shares.
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Read More on MTCH:
- Match Group: Early Signs of Product-Led Turnaround, but Balanced Risk-Reward Keeps Rating at Hold
- Balanced But Uncompelling: Maintaining a Hold on Tinder Amid Gradual Turnaround and Ongoing MAU and Margin Uncertainties
- Match Group price target lowered to $35 from $37 at Morgan Stanley
- Match Group price target lowered to $31 from $33 at JPMorgan
- Hold Recommendation on Match Group: Hinge Strength Offset by Tinder Weakness and Fair Valuation
