11:10 AM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lowerr our 12-month target price to $30 from $36 on 7.7x our 2026 EPS view, below historical averages. We cut our 2025 EPS view to $3.36 from $3.42 and lift 2026's to $3.90 from $3.79. Despite maintaining our Hold rating, we're encouraged by new CEO Spencer Rascoff's decisive actions, including the 13% workforce reduction and centralization of key functions to realize $100 million in annualized savings. This restructuring represents a meaningful shift toward a more integrated, product-led organization that could unlock scale benefits across MTCH's portfolio. While Q1 results showed continued challenges, with revenue declining 3% to $831.2M and payers down 5% to 14.2M, we see potential upside from AI-driven innovations like Tinder's "Double Date" feature and "The Game Game." Hinge's international expansion into Brazil and Mexico later this year provides additional growth vectors, though the deceleration from 27% Y/Y to 23% Y/Y revenue growth bears watching.