Cantor Fitzgerald Upgrades HouseValues (SOLD) to Buy
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Cantor Fitzgerald upgrades HouseValues Inc. (Nasdaq: SOLD) from Hold to Buy with a $3 price target, citing valuation.
The firm said, "While industry/company fundamentals remain weak, and we are tweaking our ests lower across the board, we think patient, LT investors should take advantage of the company's negative enterprise value by building positions in the stock now."
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