Susquehanna Maintains Positive on Match Group, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a positive outlook on Match Group (NASDAQ:MTCH), but has lowered the price target from $55 to $39.
November 02, 2023 | 8:49 pm
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Susquehanna analyst Shyam Patil has lowered the price target for Match Group from $55 to $39, but maintains a positive outlook.
The news of a lowered price target could potentially lead to a short-term decrease in Match Group's stock price. However, the maintained positive outlook by the analyst suggests that the long-term prospects of the company remain strong. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100