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BofA/Merrill Lynch Downgrades ReachLocal (RLOC) to Underperform

February 16, 2012 8:58 AM EST
Get Alerts RLOC Hot Sheet
Price: $4.60 --0%

Rating Summary:
    2 Buy, 6 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 8 | New: 5
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BofA/Merrill Lynch downgraded ReachLocal (NASDAQ: RLOC) from Neutral to Underperform, price target lowered from $10.50 to $9.00.

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

Shares of ReachLocal closed at $8.34 yesterday.


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