The Fly

IAC price target raised to $108 from $101 at Credit Suisse

Credit Suisse analyst Yoni Yadgaran raised the firm’s price target on IAC to $108 from $101 and keeps an Outperform rating on the shares following quarterly results. The analyst notes that with the Dotdash/Meredith integration largely complete, the focus shifts from defense to offense — management anticipated site migrations to be finished in Jul/22 but headwinds lingered, including slower site speeds, stale content, and higher ad inventory.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on IAC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More