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Wells Fargo Sticks to Their Buy Rating for Angi (ANGI)

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In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on Angi (ANGIResearch Report), with a price target of $11.00. The company’s shares closed last Friday at $5.10, close to its 52-week low of $3.47.

According to TipRanks.com, Fitzgerald is a 5-star analyst with an average return of 19.4% and a 56.6% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Integral Ad Science, Momentive Global, and Alphabet Class A.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Angi with a $10.64 average price target, representing a 122.6% upside. In a report issued on May 11, Goldman Sachs also maintained a Buy rating on the stock with a $9.00 price target.

See today’s best-performing stocks on TipRanks >>

Angi’s market cap is currently $2.36B and has a P/E ratio of -32.28.

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ANGI Homeservices, Inc. is a holding company, which engages in the provision of digital marketplace for home services. It operates through the North America and Europe segments. It offers consumer services and service professional services. The North America segment includes the operations HomeAdvisor, Angie’s List, Handy, mHelpDesk, HomeStars and Fixd Repai. The Europe segment includes the operations of Travaux, MyHammer, MyBuilder, Werkspot and Instapro. The company was founded on April 13, 2017 and is headquartered in Denver, CO.

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