Wells Fargo Maintains Overweight on IAC, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Brian Fitzgerald has maintained an Overweight rating on IAC and increased the price target from $82 to $84.
May 14, 2024 | 1:37 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on IAC and raised the price target from $82 to $84, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Brian Fitzgerald from Wells Fargo suggests a strong confidence in IAC's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100