UPDATE: UBS Starts AOL (AOL) at Buy, Will Grow Rev for First Time in 8-years

April 2, 2013 6:44 AM EDT
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Price: $49.99 --0%

Rating Summary:
    5 Buy, 20 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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(Updated - April 2, 2013 11:54 AM EDT)

UBS initiated coverage on AOL, Inc. (NYSE: AOL) with a Buy rating and a price target of $44.00. Analysts said they expect AOL to grow revenue for the first time in 8 years and there is potential for solid margin improvement.

"Key secular strengths include a history of shareholder-friendly capital returns and an improving margin profile, including slowing subscriber declines in Membership Group. These are offset by incomplete mobile and social offerings, as well as a lack of profitability in the company's more nascent areas, including Patch, which has shown promise as an emerging local destination," said UBS.

For an analyst ratings summary and ratings history on AOL, Inc. click here. For more ratings news on AOL, Inc. click here.

Shares of AOL, Inc. closed at $38.37 yesterday.

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