Expert Ratings for IAC
Portfolio Pulse from Benzinga Insights
IAC (NASDAQ:IAC) has received mixed analyst ratings in the last quarter, with 3 bullish, 3 somewhat bullish, and 1 indifferent rating. The average 12-month price target from 7 analysts is $75.86, which is a 7.49% decrease from the previous target of $82.00. The high estimate is $110.00 and the low is $54.00.

November 27, 2023 | 12:00 pm
News sentiment analysis
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NEUTRAL IMPACT
IAC has a new average analyst price target of $75.86, reflecting a 7.49% decrease from the previous target, with a range between $54.00 and $110.00.
The mixed analyst ratings with a decrease in the average price target suggest a neutral short-term impact on IAC's stock price. The ratings indicate that while there is some optimism, the reduction in the target price could temper expectations. The high level of relevance is due to the direct mention of IAC and its analyst ratings. The importance is significant as analyst ratings can influence investor sentiment, but not at the highest level since the ratings are mixed. The confidence in this analysis is high due to the clear data provided on analyst ratings and price targets.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100