UPDATE: Stifel Reiterates on Angie's List Following Slight 3Q Results Miss
October 24, 2013 at 09:03 AM EDT
In a report published Thursday, Stifel analyst Jordan Rohan reiterated a Buy rating on Angie's List (NASDAQ: ANGI ), but lowered the price target from $31.00 to $25.00. In the report, Stifel noted, “We believe that ANGI shares have begun the bottoming process, but the process may take a while.