Wells Fargo Maintains Equal-Weight on Match Group, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on Match Group (NASDAQ:MTCH) but has lowered the price target from $38 to $35.
October 08, 2024 | 1:03 pm
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Wells Fargo has maintained an Equal-Weight rating on Match Group but reduced the price target from $38 to $35, indicating a slightly less optimistic outlook.
The reduction in price target from $38 to $35 by Wells Fargo suggests a less optimistic view on Match Group's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100