IAC/InterActiveCorp (IACI) Stock Rating Upgraded by Wells Fargo & Co.
IAC/InterActiveCorp (NASDAQ:IACI) was upgraded by analysts at Wells Fargo & Co. from a “sector perform” rating to an “outperform” rating in a research note issued on Tuesday. The analysts noted that the move was a valuation call.
Separately, BMO Capital Markets started coverage on shares of IAC/InterActiveCorp in a report on Tuesday, June 7th. They set an “outperform” rating and a $70.00 price target for the company.
IAC/InterActiveCorp (NASDAQ:IACI) remained flat at $50.68 during mid-day trading on Tuesday. IAC/InterActiveCorp has a 52 week low of $48.75 and a 52 week high of $84.66. The stock’s 50 day moving average is $58.98 and its 200 day moving average is $68.19.
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IAC/InterActiveCorp Company Profile
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