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JMP Upgrades Digital River (DRIV) to Market Outperform

June 25, 2009 11:04 AM EDT
DRIV Hot Sheet
Rating Summary:
    1 Buy, 5 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
JMP Securities upgrades Digital River (Nasdaq: DRIV) from Market Perform to Market Outperform.

Shares of Digital River are catching a bid this morning on the back of the upgrade. The stock most recently traded at $37.75, up more than 4% from yesterday's closing price. Notably, the stock is moving higher on heavier-than-normal trading volume.

To stay up-to-date on all the market-moving analyst calls on Digital River, visit our Analyst Ratings page.

Digital River, Inc., together with its subsidiaries, provides outsourced e-commerce solutions in the United States, Europe, and the Asia Pacific.

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