IAC/InterActiveCorp (IAC) Given New $86.00 Price Target at Aegis

IAC/InterActiveCorp (IAC) Given New $86.00 Price Target at Aegis

IAC/InterActiveCorp (NASDAQ:IAC) had its price objective increased by Aegis from $80.00 to $86.00 in a research report sent to investors on Wednesday morning, StockTargetPrices.com reports. Aegis currently has a buy rating on the stock.

A number of other research analysts also recently commented on IAC. Benchmark Co. boosted their price objective on shares of IAC/InterActiveCorp from $80.00 to $90.00 and gave the company a buy rating in a research report on Friday, November 4th. Needham & Company LLC boosted their price objective on shares of IAC/InterActiveCorp from $75.00 to $84.00 and gave the company a buy rating in a research report on Friday, February 3rd. Credit Suisse Group reaffirmed an outperform rating and set a $83.00 price objective on shares of IAC/InterActiveCorp in a research report on Wednesday, January 11th. Stifel Nicolaus boosted their price objective on shares of IAC/InterActiveCorp from $65.00 to $70.00 and gave the company a hold rating in a research report on Thursday, January 19th. Finally, Guggenheim downgraded shares of IAC/InterActiveCorp from a buy rating to a neutral rating in a research report on Friday, January 20th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $74.25.

Shares of IAC/InterActiveCorp (NASDAQ:IAC) traded up 0.67% during trading on Wednesday, hitting $76.82. 560,007 shares of the stock were exchanged. The stock’s market cap is $5.97 billion. The stock’s 50 day moving average is $69.63 and its 200-day moving average is $64.28. IAC/InterActiveCorp has a 12-month low of $39.02 and a 12-month high of $77.46.

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