SunTrust Robinson Humphrey Starts IAC/InterActiveCorp (IAC) at Buy

March 23, 2016 4:35 PM EDT
Get Alerts IAC Hot Sheet
Price: $42.24 --0%

Rating Summary:
    21 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 8
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SunTrust Robinson Humphrey initiates coverage on IAC/InterActiveCorp (NASDAQ: IAC) with a Buy rating and a price target of $57.00.

Analyst Bob Peck highlighted: Attractive Portfolio of Assets, Strategy Revolves Around M&A, Managing Mostly Marketplace Models, Enviable Track Record of Delivering Shareholder Value Via Spin-Offs and Attractive Valuation.

For an analyst ratings summary and ratings history on IAC/InterActiveCorp click here. For more ratings news on IAC/InterActiveCorp click here.

Shares of IAC/InterActiveCorp closed at $46.73 yesterday.



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