Needham Downgrades Trulia To Hold

Needham downgraded Trulia

from Buy to Hold and removed the price target of $54.00. Trulia shares have surged 72.66% over the past 52 weeks, while the S&P 500 index has gained 17.38% in the same period. Trulia's shares gained 15.42% to close at $65.04 yesterday.