Wells Fargo & Co. Upgrades IAC/InterActiveCorp (IAC) to “Outperform”
IAC/InterActiveCorp (NASDAQ:IAC) was upgraded by stock analysts at Wells Fargo & Co. from a “market perform” rating to an “outperform” rating in a report issued on Tuesday, StockTargetPrices.com reports.
Separately, BMO Capital Markets initiated coverage on IAC/InterActiveCorp in a research report on Tuesday, June 7th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $67.71.
Shares of IAC/InterActiveCorp (NASDAQ:IAC) traded up 4.12% during midday trading on Tuesday, hitting $60.60. The company had a trading volume of 734,697 shares. The firm’s market capitalization is $4.82 billion. IAC/InterActiveCorp has a 12 month low of $38.82 and a 12 month high of $73.15. The company has a 50-day moving average of $58.51 and a 200 day moving average of $53.77.
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IAC/InterActiveCorp Company Profile
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