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0 0.00135218907400225 0.00374531835205982 -0.000129148908691788 0 0.0165310603125404 0.0185974428516079 0.0235051013818932
Stock impact report

Match Group and IAC stocks are both buys, says Citi [MarketWatch]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Company Research Source: MarketWatch
Match Group and IAC stocks are both buys, says Citi Citi Research initiated coverage of names in the InterActiveCorp. IAC, +1.84% family on Tuesday, calling Match Group Inc. MTCH, +1.05% and IAC shares both buys while slapping a neutral rating on ANGI Homeservices Inc.'s stock ANGI, -1.77% . Analyst Nicholas Jones wrote that IAC "trades at a 'stub' valuation" due to its stakes in Match and ANGI, which at current prices imply negative enterprise value for IAC. "Though IAC's potential spin-off of these holdings may shrink the 'stub,' we view Vimeo as IAC's most exciting holding, Dotdash as a strong cash generator, and Turo (minority stake) as an interesting foray into online autos," Jones wrote. He also sees strong international opportunity for Match but is worried about the risk of an economic downturn and the threat of Alphabet Inc.'s GOOGL, +0.13% GOOG, +0.15% Google when it comes to ANGI. IAC's stock is flat over the past three months, while Match's has risen 5.6% an Show less Read more
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