Cantor Fitzgerald Starts AOL, Inc. (AOL) at Hold; 'Low-Hanging Fruit' Already Picked
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Price: $49.99 --0%
Rating Summary:
1 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
1 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Cantor Fitzgerald initiates coverage on AOL, Inc. (NYSE: AOL) with a Hold. PT $32.00.
The firm comments, "While we believe management has done a remarkable job creating shareholder value since the spin-off through asset sale, operational turnaround is still a work-in-progress, which if successful, could put the company back on a growth path and make AOL a major player again. At current valuation, we find the upside from "low- hanging fruit" already picked; management now needs to demonstrate that core O&O display ad revenue can grow at/near industry rates for further stock upside."
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 $29.66 yesterday.
The firm comments, "While we believe management has done a remarkable job creating shareholder value since the spin-off through asset sale, operational turnaround is still a work-in-progress, which if successful, could put the company back on a growth path and make AOL a major player again. At current valuation, we find the upside from "low- hanging fruit" already picked; management now needs to demonstrate that core O&O display ad revenue can grow at/near industry rates for further stock upside."
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 $29.66 yesterday.
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