Match Group Stock Is Falling, but One Analyst Rates It Buy Based on ‘Positive Momentum’

With continued strength at Tinder and signs of promise at its other dating brands, shares of (MTCH)should keep rising, a bullish analyst wrote Thursday. Match stock (ticker: MTCH), up roughly 100% in 2019, was down 4.5% to $81.79 Thursday morning as the S&P 500rose 1.4% on optimism about the U.S.-China trade relationship. SunTrust Robinson Humphrey analyst Youssef Squali upgraded the shares to Buy from Hold, raising his price target from $90 to a Street-high—by $1, it should be noted—$106.

source https://finance.yahoo.com/m/5c29dce3-950d-3e48-b899-e5904e48bb76/match-group-stock-is-falling%2C.html?.tsrc=rss

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