RBC Capital Maintains Outperform on Match Group, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on Match Group (NASDAQ:MTCH) but lowers the price target from $43 to $33.
May 09, 2024 | 5:14 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Match Group but lowers the price target from $43 to $33.
While the Outperform rating suggests continued confidence in Match Group's performance, the reduction in price target may reflect adjustments in market expectations or company valuation, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100