On Nov 08, major Wall Street analysts update their ratings for $Match group (MTCH.US)$, with price targets ranging from $38 to $53.
BofA Securities analyst Curtis Nagle downgrades to a hold rating.
Barclays analyst Ross Sandler maintains with a buy rating, and adjusts the target price from $55 to $53.
UBS analyst Kunal Madhukar maintains with a hold rating, and adjusts the target price from $43 to $38.
TD Cowen analyst John Blackledge maintains with a buy rating, and adjusts the target price from $46 to $42.
Stifel analyst Mark Kelley maintains with a hold rating, and maintains the target price at $39.
Furthermore, according to the comprehensive report, the opinions of $Match group (MTCH.US)$'s main analysts recently are as follows:
The firm has adjusted its future AOI estimates for FY25 and FY26 slightly downward by 1% and 3%, respectively, due to projections of softer revenue guidance in Q4 for platforms such as Tinder and Hinge.
Following the Q3 report, there's a noticeable reset for Match Group, which, coupled with the company's recent share repurchases at prices above current levels, raises questions about potential revelations at the forthcoming Investor Day. The company disclosed revenue and EBITDA figures that were generally consistent with the consensus, yet projected a lower than expected outlook for Q4.
Here are the latest investment ratings and price targets for $Match group (MTCH.US)$ from 5 analysts:
Note:
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