Barclays Maintains Overweight on Match Group, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mario Lu has maintained an Overweight rating on Match Group (NASDAQ:MTCH) but lowered the price target from $56 to $45.

November 02, 2023 | 3:29 pm
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Barclays has maintained an Overweight rating on Match Group but lowered the price target from $56 to $45.
While the Overweight rating suggests that Barclays expects Match Group to outperform the market, the lowering of the price target could indicate a reduced growth outlook. This could potentially lead to short-term uncertainty among investors, but the overall impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100