UPDATE: RBC Capital Downgrades Trulia (TRLA) to Sector Perform

August 19, 2013 8:14 AM EDT
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Price: $48.36 --0%

Rating Summary:
    3 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 1 | Down: 0 | New: 0
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(Updated - August 19, 2013 8:52 AM EDT)

RBC Capital downgraded Trulia (NYSE: TRLA) from Outperform to Sector Perform with a price target of $47.00 (unchanged). Analyst Mark Mahaney thinks risk/reward has become less compelling given year-to-date gains. He also noted a more competitive online environment and challenges integrating recent acquisition Market Leader.

For an analyst ratings summary and ratings history on Trulia click here. For more ratings news on Trulia click here.

Shares of Trulia closed at $46.10 yesterday.

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