Evercore Cuts Demand Media (DMD) to Equal Weight

April 30, 2012 9:55 AM EDT
Get Alerts DMD Hot Sheet
Price: $6.35 --0%

Rating Summary:
    7 Buy, 6 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Evercore Partners downgraded shares of Demand Media (NYSE: DMD) from Overweight to Equal Weight Monday morning following an AllThingsD report from over the weekend which rumored the company was near a deal to go private. The report said the talks fell apart last week.

Demand Media shares are up nearly 21 percent at last check.

For an analyst ratings summary and ratings history on Demand Media click here. For more ratings news on Demand Media click here.


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