Truist Securities Maintains Hold on Match Group, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a 'Hold' rating on Match Group (NASDAQ:MTCH) but lowered the price target from $50 to $35.
November 02, 2023 | 7:58 pm
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Match Group's price target has been lowered from $50 to $35 by Truist Securities, though the 'Hold' rating is maintained.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for Match Group's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100