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Match Group initiated with a Neutral at Citi

Citi analyst Ygal Arounian initiated coverage of Match Group with a Neutral rating and $55 price target. Match has multiple potential catalysts and valuation levels that are as attractive as they’ve been since 2019, the analyst tells investors in a research note. However, Citi comes out on the sidelines saying Match’s new initiatives "are too early for us to get a feel for."

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Published first on TheFly

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