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Dating websites owned by IAC/InterActiveCorp (IACI), which include Match.com and OKCupid, are expected to drive growth at the parent company, says an analyst who upgraded the IAC stock to the equivalent of a buy rating. IAC’s dating units, which also include Tinder, a fast-growing dating app majority-owned by IAC, are expected to drive “margin expansion over time,” wrote Cowen & Co. analyst John Blackledge in a research note Monday. Blackledge Scalper1 News
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