Goldman Sachs Reinstates Coverage on AOL, Inc. (AOL) at Neutral; Monetization Improving, Traffic Elusive
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Price: $36.17 -1.01%
Rating Summary:
10 Buy, 8 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
10 Buy, 8 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade AOL Now!
Goldman Sachs reinstates coverage on AOL, Inc. (NYSE: AOL) with a Neutral. PT $33.00.
Analyst, Heath P. Terry, said, "...rate it Neutral as strategies to improve monetization are scaling effectively throughout its platforms. This should offset negatives including declining access revenues, stagnant consumer engagement and a lack of traffic growth, against a backdrop of increasing competition and continuous disruption in the space. While we continue to believe AOL will benefit from the substantial growth in online advertising, the economics of online content creation remain in question, limiting the share price upside from capital allocation efforts and stabilizing growth and profitability."
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 $27.57 yesterday, with a 52 week range of $10.06-$28.97.
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Analyst, Heath P. Terry, said, "...rate it Neutral as strategies to improve monetization are scaling effectively throughout its platforms. This should offset negatives including declining access revenues, stagnant consumer engagement and a lack of traffic growth, against a backdrop of increasing competition and continuous disruption in the space. While we continue to believe AOL will benefit from the substantial growth in online advertising, the economics of online content creation remain in question, limiting the share price upside from capital allocation efforts and stabilizing growth and profitability."
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 $27.57 yesterday, with a 52 week range of $10.06-$28.97.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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