Citigroup Maintains Buy on IAC, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ygal Arounian has maintained a 'Buy' rating on IAC (NASDAQ:IAC) but lowered the price target from $71 to $69.

August 10, 2023 | 11:57 am
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Citigroup has maintained a 'Buy' rating on IAC but lowered the price target from $71 to $69.
The news is directly related to IAC as Citigroup has maintained a 'Buy' rating on the company but lowered the price target. This could indicate a slightly less optimistic outlook for the company's stock in the short term, but the maintained 'Buy' rating suggests that Citigroup still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100