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

|About: Angie's List, Inc. (ANGI)|By:, SA News Editor

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.