Cantor Fitzgerald Upgrades AOL, Inc. (AOL) to Buy
Get Alerts AOL Hot Sheet
Rating Summary:
1 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
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Cantor Fitzgerald upgraded AOL, Inc. (NYSE: AOL) from Hold to Buy with a price target of $50.00.
Analyst Youssef Squali said, "Our upgrade to BUY is predicated on AOL's focus on non-commoditized areas of the marketplace, which has led to 1) faster growth in Networks (driven by Video and Programmatic) and 2) improved pricing trends in branded Display (unlike for Yahoo!). Even Membership seems to be performing better than feared. While much work remains, we believe that improving fundamentals, including a growing multi platform user base, and a bigger buyback should continue to drive the stock higher over time."
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 $41.92 yesterday.
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