Match Group shares jump as Evercore ISI upgrades stock on Tinder recovery
Investing.com -- Match Group Inc (NASDAQ:MTCH) shares advanced 3.4% Monday after Evercore ISI upgraded the online dating company to Outperform from In Line, with analyst Mark Mahaney citing third-party data that points to an accelerating operational recovery at flagship platform Tinder. Mahaney raised his price target on the stock to $53 from $39, noting that fundamental trends across the business are the best the firm has seen since 2021.
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