Cory Carpenter, analyst at J P Morgan, reiterates coverage on IAC/InterActive (IAC) in the Technology sector with a Buy rating. TipRanks.com has Carpenter rated as a 3 star analyst with a 10% return on investment and a 43% success rate. Carpenter has set a price target of $185.00 .
TipRanks.com reports that IAC currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $195.18 . The target pricing ranges from a high forecast of $285.18 down to a low forecast of $150.00 .
IAC’s last closing price was $127.06 which would put the average price target at 53.61% upside.
In addition, TradingView issued a Buy rating for IAC over the next month.
Remember, securities are volatile, so please do your own research on IAC.
Other analysts covering IAC include:
- Yoni Yadgaran of Credit Suisse issued a buy rate with the price target of $155 on August 5th
- Ygal Arounian of Wedbush issued a buy rate with the price target of $177 on August 5th
- Ross Sandler of Barclays issued a buy rate with the price target of $150 on August 5th
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