Skip to main content

Market Overview

UPDATE: Bank of America Downgrades QuinStreet to Underperform on Industry Headwinds


Bank of America reduced its rating on QuinStreet (NASDAQ: QNST) from Neutral to Underperform reiterated its $10 price objective on shares.

Bank of America noted, "We are downgrading QuinStreet (QNST), an online vertical marketing and media company, to Underperform. Our prior Neutral rating was predicated on our belief QNST would swiftly work through multiple industry headwinds while benefiting from its attractive price vs. peers. We now believe QNST's transition period will take longer than expected and believe Street's FY13 estimates are too optimistic. We are maintaining our $10 PO based on 6x our CY13E EV/EBITDA estimate."

QuinStreet closed at $10.01 on Monday.

Latest Ratings for QNST

Sep 2020Barrington ResearchUpgradesMarket PerformOutperform
Oct 2018William BlairInitiates Coverage OnOutperform
Jun 2018Craig-HallumInitiates Coverage OnBuy

View More Analyst Ratings for QNST
View the Latest Analyst Ratings


Related Articles (QNST)

View Comments and Join the Discussion!

Posted-In: Bank of AmericaAnalyst Color Downgrades Pre-Market Outlook Analyst Ratings

Latest Ratings

ATERRoth CapitalMaintains25.0
FMTXSVB LeerinkMaintains54.0
PLXSLoop CapitalMaintains105.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at