Barclays Maintains Overweight on IAC, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Overweight rating on IAC and raises the price target from $62 to $72.
February 15, 2024 | 1:42 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on IAC and increases the price target from $62 to $72.
The upgrade in price target by a reputable analyst like Ross Sandler from Barclays indicates a strong bullish sentiment towards IAC. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100