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Wells Fargo Remains a Buy on Match Group (MTCH)

Wells Fargo analyst Robert Coolbrith maintained a Buy rating on Match Group (MTCHResearch Report) today and set a price target of $75.00. The company’s shares opened today at $45.12.

According to TipRanks, Coolbrith is ranked #2827 out of 7915 analysts.

In addition to Wells Fargo, Match Group also received a Buy from Cowen & Co.’s John Blackledge in a report issued today. However, on October 24, Truist Financial maintained a Hold rating on Match Group (NASDAQ: MTCH).

See today’s best-performing stocks on TipRanks >>

MTCH market cap is currently $12.94B and has a P/E ratio of 138.10.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MTCH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Texas-based Match Group is an online dating service company and provides dating products worldwide. The company has a vast portfolio of online dating services including Tinder, Match.com, OkCupid, PlentyOfFish, Meetic, among other brands.

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