Evercore Adjusts Price Target on AOL (AOL) after Special Dividend

December 3, 2012 12:32 PM EST
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Price: $49.99 --0%

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Evercore Partners adjusted its price target on AOL, Inc. (NYSE: AOL) from $39 to $34 to reflect the 1x dividend payment of $5.15 related to a portion of proceeds from the $1.2 billion patent sale to MSFT. The firm maintained an Equal Weight rating.

For an analyst ratings summary and ratings history on AOL, Inc. click here. For more ratings news on AOL, Inc. click here.

Shares of AOL, Inc. closed at $37.52 yesterday.


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