IAC (IAC) News Today

IAC Inc. (IAC) is trading on mixed news today, with strategic updates and analyst actions driving investor sentiment.

• Positive Sentiment: The latest earnings call highlighted strong digital growth initiatives and strategic portfolio moves, which may support future revenue expansion. IAC Earnings Call: Digital Growth and Strategic Moves
• Positive Sentiment: Jefferies initiated coverage with a Buy rating on IAC, citing attractive valuation and growth drivers in the company’s online services portfolio. IAC/InteractiveCorp. (IAC) Receives a Buy from Jefferies
• Positive Sentiment: KeyBanc also assigned a Buy rating, highlighting improving monetization trends across IAC’s digital brands. IAC/InteractiveCorp. (IAC) Receives a Buy from KeyBanc
• Positive Sentiment: UBS raised its price target for IAC from $38.00 to $41.00, reflecting confidence in the company’s long-term growth prospects despite a Neutral rating. UBS Group Increases IAC (NASDAQ:IAC) Price Target to $41.00
• Neutral Sentiment: Benchmark lowered its price target from $63.00 to $60.00 but maintained a Buy rating, suggesting steady confidence in IAC’s market position. Benchmark Lowers IAC (NASDAQ:IAC) Price Target to $60.00
• Neutral Sentiment: KeyCorp trimmed its target from $49.00 to $45.00 but kept an Overweight rating, indicating moderate upside potential remains. KeyCorp Has Lowered Expectations for IAC (NASDAQ:IAC) Stock Price
• Neutral Sentiment: Truist Financial cut its objective from $61.00 to $57.00 yet retained a Buy rating, reflecting tempered but positive outlook. Truist Financial Issues Pessimistic Forecast for IAC (NASDAQ:IAC) Stock Price
• Neutral Sentiment: Oppenheimer reduced its target from $60.00 to $55.00 but kept an Outperform rating, suggesting confidence in IAC’s strategic initiatives despite near-term headwinds. Oppenheimer Issues Pessimistic Forecast for IAC (NASDAQ:IAC) Stock Price
• Negative Sentiment: IAC shares dropped sharply after the company missed revenue expectations, triggering a 13% decline. IAC Inc. (IAC) Declines 13% on Missed Revenue Expectations
• Negative Sentiment: Piper Sandler cut its price target from $44.00 to $39.00 and shifted to a Neutral rating, reflecting concerns about near-term growth headwinds. IAC (NASDAQ:IAC) Given New $39.00 Price Target at Piper Sandler