Oppenheimer makes a bullish call on InterActiveCorp (IACI +1.6%) ahead of its Oct. 24 Q3 report....
Oppenheimer makes a bullish call on InterActiveCorp (IACI +1.6%) ahead of its Oct. 24 Q3 report. The firm believes "trends remain stable" for IAC's search (Ask.com) and Match (online dating) units, and thinks each could show margin upside. It also expects 2013 estimates to move higher to account for the About.com acquisition and bullishness regarding search trends.
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