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RBC Capital Downgrades Bankrate (RATE) to Sector Perform

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Canaccord Genuity Downgrades Bankrate (RATE) to Hold

December 3, 2012 7:13 AM EST

Canaccord Genuity downgraded Bankrate (NYSE: RATE) from Buy to Hold with a price target of $14.00 (from $16.00).

The firm comments, "We believe Q4 estimates are quite reasonable, but we adopt more conservative 2013 assumptions. While the upside scenario is enticing, we believe tough H1... More