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Enter Symbol:
 
Bankrate Inc (RATE) [hlAlert]

Rating:
Buy RATE
down 35.53 %

Bankrate Inc (RATE) rated Buy with price target $20 by Needham

Posted on: Monday,  Nov 23, 2015  8:25 AM ET by Needham

Needham rated Buy Bankrate Inc (NYSE: RATE) on 11/23/2015, when the stock price was $14.97. Since
then, Bankrate Inc has lost 35.54% as of 01/20/2016's recent price of $9.65.
If you would have followed this Needham's recommendation on RATE, you would have lost 35.53% of your investment in 58 days.

Bankrate, Inc. (Bankrate) is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers with personal finance editorial content across multiple vertical categories, including mortgages, deposits, insurance, credit cards, and other categories. The Company's flagship Website, Bankrate.com, aggregates information on more than 300 financial products and fees, including mortgages, credit cards, automobile loans, money market accounts, certificates of deposit, checking and automated teller machine fees, home equity loans, and online banking fees. The Company offers services, including Mortgages and Home Lending, Deposits, Insurance, Credit Cards and Other Personal Finance Products. During the year ended December 31, 2010, Bankrate acquired certain assets and liabilities of Jim Wang Enterprises, LLC. The Company acquired the stock of NetQuote Holdings, Inc. and CreditCards.com. On January 1, 2011, Bankrate acquired Trouve Media.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/23/2015 8:25 AM Buy
None
14.97 20.00
as of 8/27/2015
1 Week down  -4.26 %
1 Month down  -12.27 %
3 Months down  -23.65 %
1 YTD down  -46.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/22/2015 9:25 AM Buy
None
11.29 14.00
5/1/2013 8:25 AM Buy
None
15.84 20.00
12/5/2012 8:25 AM Buy
None
11.43 15.00
2/4/2009 9:25 AM Hold
None
30.97
12/22/2008 9:25 AM Buy
None
35.27 39.00
10/31/2008 9:25 AM Buy
None
32.07 36.00
5/2/2008 9:25 AM Hold
None
48.80

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