Stifel is starting coverage on both HSN (HSNI +0.8%) and QVC owner Liberty Interactive (LINTA...

|By:, SA News Editor

Stifel is starting coverage on both HSN (HSNI +0.8%) and QVC owner Liberty Interactive (LINTA +1.4%) with Buy ratings (I, II). The firm likes HSN's technology investments and reliance on high-income consumers, and touts QVC's pricing power and potential for higher international conversion rates. It also notes QVC's Euro results have held up well in spite of a weak macro backdrop.