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Enter Symbol:
Rating: IACID
Buy $85
up 14.00 %

Iac/interactivecorp (NASDAQ: IACI) reiterated to Buy with price target $85 by UBS

Friday,  Aug 14, 2015  10:25 AM ET by Dave Ficere

UBS reiterated Iac/interactivecorp (NASDAQ: IACI) to Buy with price target $85. Previously UBS rated Buy with price target $76 Iac/interactivecorp (NASDAQ: IACI)
on 02/06/2014, when the stock price was $65.57. Since then, Iac/interactivecorp's stock price has gained 14% as of 08/14/2015's recent price of $74.81.
If you would have followed the previous UBS's recommendation on IACI, you would have gained 14% of your investment in 554 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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