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Needham & Company Reiterates a 'Buy' on AOL, Inc. (AOL); Looking at 'NewFronts'

April 23, 2012 7:52 AM EDT
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Price: $49.99 --0%

Rating Summary:
    1 Buy, 18 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 8 | New: 36
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Needham & Company reiterates a 'Buy' on AOL, Inc. (NYSE: AOL) price target of $31.00.

Analyst, Laura Martin, said, "For the first time, the largest Internet companies are holding their own "upfronts" (which they have named "NewFronts") where they will show advertisers programming and try to guarantee them audience delivery in exchange for commitments of ad dollars today, six months before next year's ad budgets are finalized. (Network TV typically sells 70- 80% of their total advertising inventory this way each year.)."

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 $25.00 yesterday.


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