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Citigroup analyst Mark Mahaney thinks Blue Nile (NILE) is underpriced, noting cheaper diamond...

Citigroup analyst Mark Mahaney thinks Blue Nile (NILE) is underpriced, noting cheaper diamond prices give the online retailer more price flexibility, enhanced by its "deep competitive moats." Raises shares to Buy with price target of $50. NILE +8.9% to $41.39.
Comments (1)
  • I heard unemployed people buy lots of diamonds.
    14 Jul 2009, 11:11 AM Reply Like
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