Morgan Stanley Initiates Coverage on InterActiveCorp
January 06, 2014 at 08:17 AM EST
In a report published Monday, Morgan Stanley analyst Scott Devitt initiated coverage on InterActiveCorp (NASDAQ: IACI ) with Equal Weight and a $67.00 price target. According to the report, the Match segment is seen as IACI's best asset but is a risk to the Search segment as consumers transition to