KeyBanc raised the firm’s price target on IAC (IAC) to $64 from $60 and keeps an Overweight rating on the shares. The firm notes Q4 results were largely as expected, with a focus on the upcoming Angi (ANGI) spin and how the new IAC will operate. 2025 guidance does not appear overly aggressive for either company, providing flexibility to drive profitable growth into 2026, KeyBanc adds.
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