Boston, MA 07/12/2013 (wallstreetpr) – Shares of AOL, Inc. (NYSE:AOL) declined by 0.91% to close at $36.98 in Thursday’s trading session. The stock opened at $37.64 and made an intraday high of $37.88. As against the average trading volume of 1.14 million shares in last 90 trading sessions.
AOL, Inc. (NYSE:AOL) is a Company that carries out global Web services with a wide variety of offerings and brands as well as a global audience. The business of the Company includes products, services and content online, that is offered to customers, advertisers and publishers. The focus of the business is on Third Party Network and AOL Properties. AOL Properties comprise of operated and owned products, content, and services in the Content, Local, Consumer Applications and Paid Services, strategy areas besides the Company’s AOL Ventures offerings. Additionally, the AOL Properties also contain third party owned co-branded Websites.
The Citigrooup’s equities researchers commenced coverage on AOL, Inc. (NYSE:AOL)’s stock prices through Thursday’s investors research report. A “buy” rating has been set by them on the price of the stock.
Lately, various analysts have stated on the stock of AOL, Inc. (NYSE:AOL). Needham & Company’s analysts restated a rating of “buy” on stock of the Company on June 21, Friday through an investor’s research note. Presently, they have set a price target of $46.00 on the Company’s stock. Credit Suisse’s analysts increased the price target set by them on the Company’s shares to $42.00 from the formerly set $40.00 price target on May 10, Friday Currently, they have granted a rating of “neutral” on the stock. RBC Capital’s analysts reduced the price target set by them on the stock of AOL, Inc. (NYSE:AOL) to $42.00 from $45.00, on May 9, Thursday through an investor’s research note. They have set a rating of n “outperform” on the shares.