Canaccord Genuity Maintains a 'Buy' on Angie's List (ANGI); Continues On Track to Becoming Leading Local Marketplace

Canaccord Genuity maintains a 'Buy' on Angie's List (NASDAQ: ANGI) price target of $20.00.

Analyst, Michael Graham, said, "Angie’s List reported solid Q2 results that slightly exceeded our expectations on both revenue and margins, and provided solid guidance for Q3. We are encouraged by the company’s sound execution on growing its network of members and service providers and improving monetization across its various market cohorts."

For an analyst ratings summary and ratings history on Angie's List click here. For more ratings news on Angie's List click here.

Shares of Angie's List closed at $14.55 yesterday.

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