Stifel Nicolaus Initiates Xoom With Buy

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Analysts at Stifel Nicolaus initiated coverage on
Xoom CorporationXOOM
with a Buy rating. The target price for Xoom is set to $25. Xoom shares have dropped 41.48% over the past 52 weeks, while the S&P 500 index has gained 9.94% in the same period. Xoom's shares fell 2.54% to close at $16.89 yesterday.
Posted In: InitiationAnalyst RatingsStifel Nicolaus
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