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Enter Symbol:
 
Liquidity Services, Inc. (LQDT) [hlAlert]

Rating:
Underperform
LQDT
down 16.71 %

Liquidity Services, Inc. (LQDT) downgraded to Underperform by BofA/Merrill

Posted on: Monday,  Oct 7, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Liquidity Services, Inc. (NASDAQ: LQDT) on 10/07/2013. Previously BofA/Merrill rated Buy Liquidity Services, Inc. (NASDAQ: LQDT) on 09/11/2013.,
when the stock price was $35.77. Since then, Liquidity Services, Inc. has lost 16.72% as of 10/07/2013's recent price of $29.79.
If you would have followed the previous BofA/Merrill's recommendation on LQDT, you would have lost 16.71% of your investment in 26 days.

Liquidity Services, Inc. is a leading online auction marketplace for wholesale, surplus and salvage assets. LSI enables its corporate and government sellers to enhance their financial return on excess assets by providing a liquid marketplace and value-added services that integrate sales and marketing, logistics and transaction settlement into a single offering. LSI has developed and deployed highly successful online sales programs on a significant scale for clients including large corporations and government agencies to maximize the market reach and recovery value of surplus assets in a timely manner.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/7/2013 8:25 AM Sell
None
29.79
as of 12/13/2013
1 Week up  7.13 %
1 Month up  25.32 %
3 Months up  12.82 %
1 YTD down  -15.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2013 8:25 AM Buy
None
35.77
4/30/2013 8:25 AM Sell
None
32.81
10/26/2012 8:25 AM Buy
None
41.12
10/12/2012 8:25 AM Hold
None
41.97
7/27/2012 8:25 AM Buy
None
42.30

(*) Stock Price at the time of the recommendation.
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