UPDATE: Stifel Nicolaus Raises PT to $33 on HomeAway On Solid Q4

Loading...
Loading...
Stifel Nicolaus maintained HomeAway
AWAY
with a Buy rating and raised the price target from $31.00 to $33.00. Stifel Nicolaus commented, "HomeAway's 4Q12 results are the first quarter in which reported GAAP revenue and earnings meaningfully reflect the impact and benefit of the company's multiple product cycles – product cycles that will continue to drive revenue and earnings through 2013 and 2014. … The bottom line is we believe the runway for innovation and accelerating financial performance is a multi-year opportunity for HomeAway." HomeAway closed at $25.04 on Wednesday.
Posted In: Analyst ColorPrice TargetAnalyst RatingsStifel Nicolaus
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...