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Angie's List (ANGI +4.5%) rallies on an upgrade to Buy from B. Riley, which touts the local...

Angie's List (ANGI +4.5%) rallies on an upgrade to Buy from B. Riley, which touts the local services site's growth, margins, brand positioning, and exposure to the local ad market. In spite of a positive Q3 report and favorable sell-side commentary (I, II), shares remain well below their post-IPO highs.
Comments (3)
  • Andrew Shapiro
    , contributor
    Comments (1879) | Send Message
     
    Amazing what an analyst change and need for capital raise can do
    15 Jan 2013, 10:39 AM Reply Like
  • Joe Springer
    , contributor
    Comments (2202) | Send Message
     
    They had it as a sell, raised the price target from 7 to 18.

     

    They have AMZN as a buy if you are curious.
    15 Jan 2013, 11:13 AM Reply Like
  • Joe Springer
    , contributor
    Comments (2202) | Send Message
     
    http://bit.ly/XB3Zk3

     

    I'd like to see the research note if anyone is privy to it..
    15 Jan 2013, 11:16 AM Reply Like
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