UPDATE: Deutsche Bank Reiterates on IAC/InterActiveCorp on Further Upside Potential

In a report published Friday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on IAC/InterActiveCorp (NASDAQ: IACI ), and raised the price target from $55.00 to $81.00. In the report, Deutsche Bank noted, “Historically, the winning alpha generating strategy for Barry Diller spins is to buy shares upon announcement