National Alliance Capital Starts Demand Media (DMD) at Market Perform
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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
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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National Alliance Capital initiates coverage on Demand Media (NYSE: DMD) with a Market Perform. PT $9.44.
On the positive side, in August, they reported strong fiscal Q2’12 performance and positively revised their fiscal ‘12 performance outlook, the firm notes. "The Company's core content and media business segment continues to experience significant growth, while the successful exploration of emerging opportunities in premium video, e-books and image-rich articles. On the negative side, there is a continual migration of the company's content readers from web to mobile platforms, where they have a limited near term monetization opportunity as RPMs should be at a significant discount to web properties.
For an analyst ratings summary and ratings history on Demand Media click here. For more ratings news on Demand Media click here.
Shares of Demand Media closed at $9.10 yesterday.
On the positive side, in August, they reported strong fiscal Q2’12 performance and positively revised their fiscal ‘12 performance outlook, the firm notes. "The Company's core content and media business segment continues to experience significant growth, while the successful exploration of emerging opportunities in premium video, e-books and image-rich articles. On the negative side, there is a continual migration of the company's content readers from web to mobile platforms, where they have a limited near term monetization opportunity as RPMs should be at a significant discount to web properties.
For an analyst ratings summary and ratings history on Demand Media click here. For more ratings news on Demand Media click here.
Shares of Demand Media closed at $9.10 yesterday.
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