IAC/InterActiveCorp (IAC) Now Covered by Analysts at JPMorgan Chase & Co.
Equities researchers at JPMorgan Chase & Co. initiated coverage on shares of IAC/InterActiveCorp (NASDAQ:IAC) in a research note issued to investors on Tuesday, StockTargetPrices.com reports. The brokerage set an “overweight” rating on the stock.
A number of other research analysts also recently commented on IAC. Axiom Securities increased their price target on shares of IAC/InterActiveCorp from $74.00 to $80.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Co. raised shares of IAC/InterActiveCorp from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 20th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $68.08.
IAC/InterActiveCorp (NASDAQ:IAC) traded down 1.41% on Tuesday, hitting $61.52. The company’s stock had a trading volume of 238,793 shares. IAC/InterActiveCorp has a 12 month low of $38.82 and a 12 month high of $73.15. The firm’s market cap is $4.90 billion. The firm has a 50 day moving average of $59.93 and a 200 day moving average of $55.47.
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IAC/InterActiveCorp Company Profile
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