Analysts Are Downgrading These 5 Stocks

2. Match Group, Inc. (NASDAQ:MTCH)

Number of Hedge Fund Holders: 54

Oppenheimer downgraded Match Group, Inc. (NASDAQ:MTCH) from “Outperform” to “Perform” on Thursday, February 2, after the dating apps operator posted weak financial results for the fourth quarter.

Match Group, Inc. (NASDAQ:MTCH) recently reported earnings of 30 cents per share for Q4, significantly lower than the consensus of 47 cents per share. The quarterly revenue of $786.15 million also missed the consensus of $787.09 million.

Looking forward, Match Group, Inc. (NASDAQ:MTCH) expects revenue in the range of $790 – $800 million for the current quarter. The outlook compares with the consensus of $817.34 million.

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