IAC/InterActiveCorp (IACI) Upgraded to “Outperform” by Wells Fargo & Co.
Wells Fargo & Co. upgraded shares of IAC/InterActiveCorp (NASDAQ:IACI) from a sector perform rating to an outperform rating in a report issued on Tuesday morning. The analysts noted that the move was a valuation call.
Separately, BMO Capital Markets started coverage on shares of IAC/InterActiveCorp in a research note on Tuesday, June 7th. They set an outperform rating and a $70.00 price objective for the company.
IAC/InterActiveCorp (NASDAQ:IACI) remained flat at $50.68 during mid-day trading on Tuesday. The company has a 50 day moving average of $58.98 and a 200 day moving average of $68.19. IAC/InterActiveCorp has a one year low of $48.75 and a one year high of $84.66.
IAC/InterActiveCorp Company Profile
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