TD Cowen analyst John Blackledge maintained a Buy rating on IAC/InteractiveCorp. (IAC – Research Report) today and set a price target of $77.00. The company’s shares closed yesterday at $43.39.

Blackledge covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class C, and Pinterest. According to TipRanks, Blackledge has an average return of 12.6% and a 58.72% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for IAC/InteractiveCorp. with a $66.44 average price target, representing a 53.12% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $61.00 price target.

IAC market cap is currently $3.74B and has a P/E ratio of -6.65.