Monday, May 10, 2010

Liberty Stock Downgraded Due to QVC

Via Barrons


Bank of America/Merrill Lynch analyst Jessica Reif Cohen this morning downgraded Liberty Interactive (LINTA) shares to Neutral from Buy, cutting her price target to $16, from $18. The primary issue: disappointing results in the first quarter in the company’s QVC business.

Click Here For More Home Shopping News ------>