BofA analyst Curtis Nagle raised the firm’s price target on Match Group (MTCH) to $36 from $35 and keeps a Neutral rating on the shares following Match’s first investor day, which outlined brand and product strategy as well as three-year financial targets. Q4 revenue guidance was lowered on forex headwinds and 2025 revenue guidance was below expectations, while long-term margin targets slightly above the Street at 39% along with capital return commitments were “bright spots for the investor day,” the analyst tells investors.
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