Match Group price target raised to $65 from $60 at Deutsche Bank

Deutsche Bank analyst Benjamin Black raised the firm’s price target on Match Group to $65 from $60 and keeps a Buy rating on the shares ahead of the Q4 results. The analyst thinks the debate around Tinder’s health and Match’s growth prospects remains into the quarter and does not expect a definitive answer from the earnings call. However, the firm’s analysis based on SensorTower data is pointing to a positive inflection in Tinder’s November and December iOS app store revenue growth.