IAC/InterActive (IACI) Reports Q4 EPS of $1

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Go back to IAC/InterActive (IACI) Reports Q4 EPS of $1

IAC/InterActiveCorp (IACI) Price Target Lowered to $54 at Goldman Sachs, Analyst Maintains Sell Rating

February 4, 2015 10:27 AM EST

Goldman Sachs retaliated a Sell rating on IAC/InterActiveCorp (NASDAQ: IACI) and lowered its price target to $54.00 (from $58.00).

Analyst Heath P. Terry said, "IAC reported 4Q revenue of $831mn (+14.7% yoy vs. +3.4% in 3Q), above consensus of $801mn, due primarily to the undisclosed impact... More