Liquidity Services price target lowered to $60 from $66 at Stifel Nicolaus

theflyonthewall.com

Stifel Nicolaus reduced its target on Liquidity Services after the company provided lower than expected profitability guidance. The firm expects the stock to remain in "show me" mode for a time, but it thinks the company's organic growth remains strong, and it maintains a Buy rating on the shares.

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