Jefferies Boosts Numbers on AOL (AOL) After Q3
Tweet
Share
E-mailGet Alerts AOL Hot Sheet
Price: $15.10 +1.96%
Rating Summary:
4 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
4 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Jefferies raised its price target on AOL, Inc. (NYSE: AOL) from $17 to $18 but kept its Hold rating, citing a lower share count.
The firm substantially raised FY11 EPS from $0.27 to $1.86.
The firm comments, "AOL's top-line results beat Street consensus on better Search and Network revs, while strong cost containment led to a comfortable bottom-line beat. While there continues to be improvement on the margin, we may have to wait a few more quarters to get confirmation on the resumption of top and bottom line growth."
href="http://www.streetinsider.com/stock_lookup_news.php?q=AOL&type=analyst">click here and for the rating history of AOL, Inc. click here.
Shares of AOL, Inc. closed at $15.02 yesterday.
The firm substantially raised FY11 EPS from $0.27 to $1.86.
The firm comments, "AOL's top-line results beat Street consensus on better Search and Network revs, while strong cost containment led to a comfortable bottom-line beat. While there continues to be improvement on the margin, we may have to wait a few more quarters to get confirmation on the resumption of top and bottom line growth."
href="http://www.streetinsider.com/stock_lookup_news.php?q=AOL&type=analyst">click here and for the rating history of AOL, Inc. click here.
Shares of AOL, Inc. closed at $15.02 yesterday.
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
