Citigroup Maintains Buy on IAC, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ygal Arounian maintains a Buy rating on IAC (NASDAQ:IAC) but lowers the price target from $70 to $66.
August 08, 2024 | 7:13 pm
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Citigroup analyst Ygal Arounian maintains a Buy rating on IAC but lowers the price target from $70 to $66.
The Buy rating suggests continued confidence in IAC's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100