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Iac/interactivecorp (IACI) [hlAlert]

up 7.95 %

Iac/interactivecorp (IACI) rated Buy with price target $85 by Maxim Group

Posted on: Thursday,  Aug 14, 2014  12:00 AM ET by Maxim Group

Maxim Group rated Buy Iac/interactivecorp (NASDAQ: IACI) on 08/14/2014, when the stock price was $66.38. Since
then, Iac/interactivecorp has gained 7.95% as of 01/05/2016's recent price of $71.66.
If you would have followed this Maxim Group's recommendation on IACI, you would have gained 7.95% of your investment in 509 days.

IAC/InterActiveCorp (IAC) operates diversified Internet businesses in the United States and various jurisdictions abroad. The Company operates in four segments: Media & Advertising, Match, ServiceMagic and Emerging Businesses. Media & Advertising consists primarily of its search business. Match segment is a provider of subscription-based online personals services. ServiceMagic is an online marketplace. Emerging Businesses segment consists primarily of Shoebuy and Pronto. In April 2009, the Company announced the acquisition of Urbanspoon, an online local restaurant guide that aggregates restaurant reviews from across the Web, from newspapers and professional food critics to bloggers and diners. In July 2009, the Company announced the launch of Notional, a video content company.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/14/2014 12:00 AM Buy
66.38 85.00
as of 10/17/2014
1 Week down  -2.85 %
1 Month down  -15.17 %
3 Months down  -11.85 %
1 YTD down  -11.85 %

(*) Stock Price at the time of the recommendation.
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