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Local.com (LOCM +1.9%) gains after Ladenburg Thalmann initiates it with a Buy rating in...

Mar. 05, 2012 3:05 PM ETLocal Corporation (LOCM) StockLOCMBy: David Yelle, SA News Editor1 Comment
Local.com (LOCM +1.9%) gains after Ladenburg Thalmann initiates it with a Buy rating in anticipation of strong 2012 performance on both revenue and earnings growth. Ladenburg says revenues in 2012 will reach $112.5M, up 41% above calendar 2011, and there's considerable operational leverage in its business model for rapid growth.

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