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Iac/interactivecorp (IACI) [hlAlert]

Rating:
Buy IACI
up 5.92 %

Iac/interactivecorp (IACI) rated Buy with price target $87 by Topeka Capital Markets

Posted on: Monday,  Nov 3, 2014  1:25 PM ET by Topeka Capital Markets

Topeka Capital Markets rated Buy Iac/interactivecorp (NASDAQ: IACI) on 11/03/2014, when the stock price was $67.65. Since
then, Iac/interactivecorp has gained 5.93% as of 01/05/2016's recent price of $71.66.
If you would have followed this Topeka Capital Markets's recommendation on IACI, you would have gained 5.92% of your investment in 428 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.

Topeka Capital Markets
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2014 1:25 PM Buy
None
67.65 87.00
as of 8/27/2015
1 Week down  -3.81 %
1 Month down  -8.91 %
3 Months down  -3.10 %
1 YTD up  5.92 %

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