Deutsche Bank Upgrades Idearc (IAR) to Hold
More News related to IAR
- Idearc (IAR) Reports Mixed Q3 Earnings
- Deutsche Bank Upgrades Idearc (IAR) to Hold
- Wachovia Upgrades Idearc (IAR) to Market Perform
- JANA Partners 13F Shows New Stakes in Genentech (DNA), Sears (SHLD), Washington Mutual (WM); Adds to Positions in AK Steel (AKS), Focus Media (FMCN), Transocean (RIG); Sells Out of Apple (AAPL), Lehma
- Unusual 11 Mid-Day Movers: CHIP, BZH, RHD, LCC Higher; BWTR, SIRF, CRME, URRE Lower
More News related to Upgrades
- Prudential Bancorp of Penn. (PBIP) Swings to Q4 Profit
- Pharmasset (VRUS) Reports Inline Q4 Loss of $0.53
- Sterling Banks (STBK) Swings to Q3 Loss
- Highlights From DE's Q4 Conference Call: Production Will Pick Up in 2010, But Overall Conditions to Remain Fairly Restrained
- Highlights From TIF's Q3 Conference Call: Sales Declines, But Less-Than-Expected; Raises FY Outlook
Deutsche Bank upgrades Idearc Inc (NYSE: IAR) from Sell to Hold. Price target $1.00
Deutsche analyst says, "We are upgrading our rating on shares of Idearc from Sell to Hold after giving more credit to likely cost cuts and the strong growth in search activity across the Superpages network. While we are still negative on incumbent YP publisher structural trends and see no near-term easing of cyclical headwinds on SME spending, we think these two factors have slightly delayed the timeline to breaching leverage covenants and preserve the option value in the shares."
Idearc Inc. is yellow pages directories publisher in the United States.
Related Categories
UpgradesStocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
