J.P. Morgan Downgrades Match Group(MTCH.US) to Hold Rating, Announces Target Price $33
J.P. Morgan has lowered the Target Price for Match group to $33.
JPMorgan: Lowered the Target Price for Match Group from $40 to $33, and downgraded the rating from "Shareholding" to "Neutral." (Gelonghui)
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Major rating|Jefferies Financial: Lowered Match's Target Price to $32 and downgraded the rating to "Hold".
Jefferies Financial has lowered the Target Price for Tinder's parent company Match group from $40 to $32, and downgraded the rating from "Buy" to "Hold." The firm pointed out that the monthly active user trend for Tinder remains weak, and the lack of new features in recent years has disappointed both investors and users. The dating app Hinge remains the main growth asset. (Gelonghui)
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New Street Downgrades Match Group(MTCH.US) to Hold Rating, Cuts Target Price to $34