Needham Downgrades AOL To Hold

Analysts at Needham downgraded

from Buy to Hold and removed the price target of $57.00. AOL shares have gained 37.79 percent over the past 52 weeks, while the S&P 500 index has surged 10.18 percent in the same period. AOL's shares fell 0.48 percent to $49.90 in pre-market trading.