UPDATE: Stifel Nicolaus Raises PT on Bankrate on Optimistic Future Guidance
July 30, 2013 at 11:15 AM EDT
In a report published Tuesday, Stifel Nicolaus analyst Jordan Rohan reiterated a Buy rating on Bankrate (NYSE: RATE ), and raised the price target from $19.00 to $20.00. In the report, Stifel Nicolaus noted, “Bankrate appears to be on the right track from a revenue and margin standpoint, with back