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Needham cuts ANGI on Google pressure

Jun. 25, 2019 7:33 AM ETAngi Inc. (ANGI) StockANGIBy: Brandy Betz, SA News Editor
  • Needham lowers its ANGI Homeservices (NASDAQ:ANGI) target from $23 to $20 but reiterates a Buy rating.
  • Analyst Brad Erickson cites industry checks showing the company feeling increasing competitive pressure from Google.
  • ANGI shares closed yesterday down 1.5% to $14.38.
  • ANGI has an Outperform average Sell Side rating.

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