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IAC price target lowered to $70 from $72 at Oppenheimer

Oppenheimer analyst Jason Helfstein lowered the firm’s price target on IAC (IAC) to $70 from $72 and keeps an Outperform rating on the shares as Dotdash and Angi (ANGI) turnarounds continue. The firm notes Angi spinoff expected on March 31.

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