Keybanc Maintains Overweight on Match Group, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on Match Group (NASDAQ:MTCH) but lowers the price target from $60 to $56.
November 02, 2023 | 3:41 pm
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Match Group's price target has been lowered from $60 to $56 by Keybanc, though the Overweight rating is maintained.
The news is directly about Match Group. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintenance of the Overweight rating suggests that the analyst still sees the stock as a good investment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100