In the latest quarter, 6 analysts provided ratings for IAC (NASDAQ:IAC), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
4
1
0
0
Last 30D
0
1
0
0
0
1M Ago
0
0
0
0
0
2M Ago
0
0
0
0
0
3M Ago
1
3
1
0
0
Analysts have set 12-month price targets for IAC, revealing an average target of $70.33, a high estimate of $80.00, and a low estimate of $64.00. This upward trend is evident, with the current average reflecting a 3.17% increase from the previous average price target of $68.17.
Interpreting Analyst Ratings: A Closer Look
The standing of IAC among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Justin Patterson
Keybanc
Lowers
Overweight
$64.00
$72.00
Justin Patterson
Keybanc
Raises
Overweight
$72.00
$70.00
Kunal Madhukar
UBS
Raises
Neutral
$64.00
$60.00
Ross Sandler
Barclays
Raises
Overweight
$72.00
$62.00
Youssef Squali
Truist Securities
Raises
Buy
$80.00
$77.00
Justin Patterson
Keybanc
Raises
Overweight
$70.00
$68.00
Key Insights:
Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their ...Full story available on Benzinga.com
Benzinga