RBC Capital Maintains Outperform on Match Group, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has maintained an 'Outperform' rating on Match Group (NASDAQ:MTCH), but lowered the price target from $52 to $33.
November 02, 2023 | 5:57 pm
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Match Group's price target has been lowered from $52 to $33 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital indicates a potential decrease in the short-term value of Match Group's stock. However, the maintained 'Outperform' rating suggests that the company is still expected to perform well relative to its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100