IAC/InterActiveCorp (IAC) Rating Increased to Outperform at Wells Fargo & Co.
IAC/InterActiveCorp (NASDAQ:IAC) was upgraded by investment analysts at Wells Fargo & Co. from a “market perform” rating to an “outperform” rating in a research note issued on Tuesday.
Separately, BMO Capital Markets started coverage on shares of IAC/InterActiveCorp in a research note on Tuesday, June 7th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $67.71.
IAC/InterActiveCorp (NASDAQ:IAC) opened at 58.20 on Tuesday. The stock has a 50 day moving average of $58.51 and a 200-day moving average of $53.77. IAC/InterActiveCorp has a 12 month low of $38.82 and a 12 month high of $73.15. The company’s market cap is $4.63 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/iacinteractivecorp-iac-rating-increased-to-outperform-at-wells-fargo-co.html
IAC/InterActiveCorp Company Profile
Receive News & Ratings for IAC/InterActiveCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAC/InterActiveCorp and related companies with MarketBeat.com's FREE daily email newsletter.