Truist Securities Maintains Buy on IAC, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a 'Buy' rating on IAC (NASDAQ:IAC) but lowered the price target from $84 to $80.
November 09, 2023 | 9:38 pm
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Truist Securities has maintained a 'Buy' rating on IAC but lowered the price target from $84 to $80.
The news is directly related to IAC as the company's stock has been maintained with a 'Buy' rating by Truist Securities. However, the lowering of the price target from $84 to $80 might create a sense of caution among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100