Truist Financial Reaffirms Their Hold Rating on Match Group (MTCH)
Truist Financial analyst Youssef Squali maintained a Hold rating on Match Group today and set a price target of $34.00.
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Squali covers the Communication Services sector, focusing on stocks such as Angi, Meta Platforms, and Alphabet Class A. According to TipRanks, Squali has an average return of 6.3% and a 49.40% success rate on recommended stocks.
In addition to Truist Financial, Match Group also received a Hold from J.P. Morgan’s Cory Carpenter in a report issued today. However, on the same day, Barclays maintained a Buy rating on Match Group (NASDAQ: MTCH).
Based on Match Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $914.28 million and a net profit of $160.75 million. In comparison, last year the company earned a revenue of $895.48 million and had a net profit of $136.47 million
Read More on MTCH:
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- Match Group price target lowered to $35 from $37 at Morgan Stanley
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