Keybanc Maintains Overweight on IAC, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson has maintained an Overweight rating on IAC (NASDAQ:IAC) but lowered the price target from $81 to $72.
November 07, 2023 | 9:15 am
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Keybanc has maintained an Overweight rating on IAC but lowered the price target from $81 to $72.
The news is directly related to IAC and is likely to influence investor sentiment. While the Overweight rating suggests that Keybanc still sees potential in the stock, the lowered price target may cause some investors to reassess their positions, potentially leading to short-term price volatility.
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