Resilient Fundamentals for InterActiveCorp (IAC) will Help Navigate Through Structural Headwinds
InterActiveCorp (NASDAQ:IAC) is one of the best communication services stocks according to Hedge Funds. On December 15, Jason Helfstein of Oppenheimer assigned a Hold rating to InterActiveCorp (NASDAQ:IAC) due to valuation concerns. Looking at the company’s sum-of-parts discount, Helfstein sees limited growth potential in the stock. However, his target price of $45 still offers nearly 17% upside. AI Stock Adobe (ADBE) Has Lost 13% Since Jim Cramer Expressed His Doubts Copyright: rawpixel / 123RF Stock P ...