Raymond James Downgrades Angie's List (ANGI) to Underperform
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October 23, 2014 8:23 AM EDT
Piper Jaffray downgraded Angie's List (NASDAQ: ANGI) from Overweight to Neutral with a price target of $7.00 (from $12.00).
Analyst Gene Munster comments, "Angie's list reported September results that suggest the company fundamentals continue to be challenged. Some specifics of the challenged fundamentals... More
October 23, 2014 7:22 AM EDT
Needham & Company downgraded Angie's List (NASDAQ: ANGI) from Buy to Hold following weak Q3 results and guidance.
Analyst Kerry Rice commented, "We are downgrading Angie's List to HOLD from BUY given our expectation for slower growth across its revenue streams. While the company is... More
October 23, 2014 6:42 AM EDT
Wunderlich Securities downgraded Angie's List (NASDAQ: ANGI) from Buy to Hold with a price target of $8.00 (from $13.00) following Q3 results.
Analyst Blake Harper commented, "We are lowering our rating on Angie's List, Inc. (ANGI) to a Hold from a Buy and... More
October 22, 2014 7:08 AM EDT
Angie's List (NASDAQ: ANGI) reported Q3 EPS of ($0.09), $0.02 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $81.3 million versus the consensus estimate of $81.6 million.
Angie's List sees Q4 2014 revenue of $80-82 million, versus the consensus of $84.15 million.
Gross... More
