Match Group's Dividend Yield Outshines Peers, But User And Revenue Trends Must Improve For Share Price Boost: Analyst
Match Group(MTCH) Benzinga·2024-12-12 18:10
JP Morgan analyst Cory A Carpenter reiterated the Overweight rating on Match Group, Inc. MTCH.The analyst notes that while Match Group’s fourth quarter outlook and initial 2025 forecast were disappointing, the company’s AI-driven roadmap shows potential for reinvigorating user growth, particularly through Tinder’s AI features.However, the analyst points out that AI progress is still early, with only the Photo Selector feature fully implemented.Despite concerns over Tinder’s revenue and user trends, Carpente ...