TD Cowen raised the firm’s price target on Match Group to $46 from $44 and keeps a Buy rating on the shares. The firm said they beat on revenues and the outlook for 250K quarter-over-quarter Tinder payer net adds was ahead of estimates, as Tinder’s MAUs stabilize.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTCH: