IAC/InterActiveCorp (IAC) Coverage Initiated by Analysts at Aegis
A number of other equities analysts have also weighed in on IAC. Benchmark Co. increased their price target on IAC/InterActiveCorp from $80.00 to $90.00 and gave the company a buy rating in a research report on Friday, November 4th. JPMorgan Chase & Co. assumed coverage on IAC/InterActiveCorp in a research note on Tuesday, October 11th. They issued an overweight rating for the company. Axiom Securities increased their price objective on IAC/InterActiveCorp from $74.00 to $80.00 and gave the stock a buy rating in a research note on Friday, October 7th. Finally, Wells Fargo & Co. raised IAC/InterActiveCorp from a market perform rating to an outperform rating in a research note on Tuesday, September 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. The company currently has an average rating of Buy and an average price target of $67.69.
Shares of IAC/InterActiveCorp (NASDAQ:IAC) traded up 1.64% during mid-day trading on Friday, hitting $68.16. The stock had a trading volume of 90,956 shares. The firm’s market cap is $5.40 billion. The company has a 50-day moving average of $64.38 and a 200 day moving average of $59.00. IAC/InterActiveCorp has a one year low of $38.82 and a one year high of $68.30.
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