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Match Group price target lowered to $28 from $29 at JPMorgan

JPMorgan lowered the firm’s price target on Match Group (MTCH) to $28 from $29 and keeps a Neutral rating on the shares. The company reported Q1 results slightly above guidance and reiterated its 2025 outlook, the analyst tells investors in a research note. The firm says Tinder payers remain challenged, however.

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