IAC InterActiveCorp (NASDAQ:IAC) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: April 20, 2017
Zacks Investment Research has upgraded IAC InterActiveCorp (NASDAQ:IAC) to Hold in a statement released on 4/20/2017.
Boasting a price of $76.57, IAC InterActiveCorp (NASDAQ:IAC) traded 0.71% higher on the day. With the last close up 10.11% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. IAC InterActiveCorp has recorded a 50-day average of $74.18 and a two hundred day average of $69.69. Volume of trade was up over the average, with 800,809 shares of IAC changing hands over the typical 670,013
With a market cap of $0, IAC InterActiveCorp has with a 52 week low of $45.55 and a 52 week high of $77.46 .
In addition to Zacks Investment Research reporting its target price, a total of 16 firms have issued a report on the stock. The consensus target price is $67.56 with 3 firms rating the stock a strong buy, 10 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About IAC InterActiveCorp (NASDAQ:IAC)
IAC/InterActiveCorp (IAC) is a media and Internet company. The Company's brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group's online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc. HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands. Its Video consists of Vimeo, Electus, CollegeHumor, Notional, IAC Films and Daily Burn. Applications consists of Consumer, which include its direct-to-consumer downloadable desktop applications, Apalon, which houses its mobile applications and SlimWare, and Partnerships, which includes its business-to-business partnership operations. Publishing consists of Premium Brands business, and Ask & Other business.
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