Match Share-Price Target at Wall Street High on Hinge Potential | #tinder | #pof


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Match Group’s  (MTCH) – Get Report share-price target was set at a Wall Street high $151 at Morgan Stanley, which also reiterated an overweight rating. 

Morgan Stanley analyst Lauren Cassel says Wall Street underappreciates Match’s emerging brands, including Hinge, which she expects to reach 8.4 million users by 2030 with average revenue per user of $29 a month. 

Hinge’s ARPU should more than double over the next decade from $14 a month, she said. 

The Dallas company’s dating sites also include Tinder, OkCupid, Plenty Of Fish and OurTime.





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