Susquehanna analyst Shyam Patil raised the firm’s price target on Match Group to $55 from $48 and keeps a Positive rating on the shares. The firm said they reported a solid 2Q and guided 3Q ahead, as management demonstratesd it can execute against the roadmap and reaccelerate the top line.
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>>
See the top stocks recommended by analysts >>
Read More on MTCH:
- AMD upgraded, Electronic Arts downgraded: Wall Street’s top analyst calls
- Match Group upgraded to Buy from Neutral at BTIG
- Match Group (NASDAQ: MTCH) Rises after Better-than-Expected Q2 Results
- Match Group jumps 12% to $51.50 after Q2 earnings beat
- Match Group sees Q3 revenue $875M-$885M, consensus $863.4M