WILCOXGUARDIAN - Mar 2 - After recommending for years, Deutsche Bank has finally decided to "swipe left" on the online dating platform, downgrading the stock to a hold rating. Analyst Kunal Madhukar told clients that he projects a significant slowdown in subscriber growth in Match's dating app Tinder over the next 12 months. Pricing could also prove problematic for Match, the analyst said, since the majority of the current subscribers live outside of the U.S.
by Jen Stanley
The full article was originally published at Wilcox Guardian, but is no longer available.