InterActiveCorp (IACI -2.8%) dips after being downgraded to Neutral on valuation at Citigroup....

|By:, SA News Editor

InterActiveCorp (IACI -2.8%) dips after being downgraded to Neutral on valuation at Citigroup. The stock has been a recent favorite of hedge funds, gaining over 20% and outperforming its peers since late December. The firm keeps its $53 price target.