Group 1: InterActiveCorp (IAC) Overview - InterActiveCorp (NASDAQ:IAC) is recognized as one of the best communication services stocks according to hedge funds [1] - The company is a media and internet holding entity that produces various forms of digital content, including images, videos, and illustrations, and publishes lifestyle magazines [5] Group 2: Analyst Ratings and Price Targets - Jason Helfstein of Oppenheimer assigned a Hold rating to InterActiveCorp due to valuation concerns, indicating limited growth potential, but set a target price of $45, suggesting a nearly 17% upside [1] - Jefferies analyst Brent Thill reaffirmed a Buy rating for InterActiveCorp and raised the price target from $41 to $45, reflecting confidence in the company's business fundamentals [2][4] Group 3: Market Challenges and Investment Strategy - Jefferies highlighted challenges for internet stocks in their "2026 Internet Playbook," emphasizing risks from incremental investments that could affect business margins and AI disintermediation as a headwind [3] - Despite caution in the market, the upward revision in target price for InterActiveCorp indicates a positive outlook on its fundamentals [4]