IAC InterActiveCorp (NASDAQ:IAC) has been upgraded from Market Perform to Outperform in a statement by Wells Fargo earlier today.
- Updated: September 20, 2016
Boasting a price of $58.20, IAC InterActiveCorp (NASDAQ:IAC) traded 0.00% even on the day. With the last stock price close up 8.24% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. IAC InterActiveCorp has recorded a 50-day average of $58.51 and a two hundred day average of $53.77. Volume of trade was down over the average, with 0 shares of IAC changing hands under the typical 579,733
Wells Fargo has upgraded IAC InterActiveCorp (NASDAQ:IAC) from Market Perform to Outperform in a statement released on 9/20/2016.
With a total market value of $0, IAC InterActiveCorp has with a one year low of $38.82 and a one year high of $73.15 .
A total of 16 equity analysts have released a research note on IAC. Three equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, four equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $67.56.
More About IAC InterActiveCorp (NASDAQ:IAC)
IAC/InterActiveCorp (IAC) is a media and Internet company. The Company's brands and products include HomeAdvisor, Vimeo, About.com, Dictionary.com, The Daily Beast, Investopedia, and Match Group's online dating portfolio, which includes Match, OkCupid, Tinder and PlentyOfFish. It operates through six segments: Match Group, which includes the dating and non-dating businesses of Match Group, Inc; HomeAdvisor, which includes home services digital marketplace that helps connect consumers with home professionals; Publishing, which consists of Premium Brands business, which includes About.com, Dictionary.com, Investopedia and The Daily Beast, and Ask & Other business; Applications, which consists of Consumer, which includes its direct-to-consumer downloadable desktop applications, including SlimWare, and Apalon; Video, which consists of Vimeo and DailyBurn, as well as Electus, IAC Films, CollegeHumor and Notional, and Other, which consists of ShoeBuy and PriceRunner.
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