Baird Downgrades Xoom To Neutral

Analysts at Baird downgraded

from Outperform to Neutral. The price target for Xoom has been raised from $24.00 to $25.00. Xoom shares have dropped 22.93 percent over the past 52 weeks, while the S&P 500 index has surged 4.63 percent in the same period. Xoom shares rose 22.71 percent to $25.40 in pre-market trading.