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Wednesday, 05/08/2024 2:14:11 PM

Wednesday, May 08, 2024 2:14:11 PM

Post# of 364524
Match Group price target lowered to $33 from $43 at RBC Capital
RBC Capital lowered the firm's price target on Match Group to $33 from $43 and keeps an Outperform rating on the shares, stating that the company reported another quarter "in what has been a string of disappointments owed to ongoing Tinder weakness." The firm, while lowering its estimates and price target, says it is giving Match "another chance to prove the bears wrong that the online dating market is not actually saturated."

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