Market Overview

UPDATE: Stifel Nicolaus Drops PT to $11.50 on XO Group on Modest Growth Outlook

Axiom Analysts Review XO Group's Q2 Earnings
Benzinga's Top Downgrades

Stifel Nicolaus reiterated its Buy rating on XO Group (NYSE: XOXO) as it lowered its price target from $14 to $11.50.

Stifel Nicolaus said, “Our constructive view on XO Group is based on the company's solid online wedding franchise; a local and national advertising business model that is driving growth; a wedding magazine and publishing business that is benefiting from consumer interest and reduced competition we believe; a Chinese wedding business that is having strong early success in awareness in China; and a valuation that is compelling, particularly with 38% of the company's market value in cash. Investors should be forewarned, however, that as long as the company's business segments show diverging performance, overall revenue growth will likely be modest albeit with generally rising margins."

XO Group closed at $7.41 on Thursday.

Latest Ratings for XOXO

Jul 2016B. RileyDowngradesBuyNeutral
Apr 2016Roth CapitalAssumesBuy
Jan 2016Axiom CapitalInitiates Coverage onBuy

View More Analyst Ratings for XOXO
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Intraday Update Analyst Ratings


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