Liberty Interactive Group (QVCA) is Initiated by BofA/Merrill to Neutral

Liberty Interactive Group (QVCA) was Initiated by BofA/Merrill to “Neutral”. BofA/Merrill advised their investors in a research report released on Sep 20, 2016.

Many Wall Street Analysts have commented on Liberty Interactive Group. Shares were Reiterated by FBR Capital on Aug 12, 2016 to “Outperform” and Lowered the Price Target to $ 25 from a previous price target of $30 .Shares were Reiterated by Axiom Capital on Aug 8, 2016 to “Buy” and Lowered the Price Target to $ 29 from a previous price target of $34 .Shares were Reiterated by Wunderlich on Aug 8, 2016 to “Buy” and Lowered the Price Target to $ 33 from a previous price target of $38 .

Liberty Interactive Group closed down -0.45 points or -2.37% at $18.52 with 15,860,474 shares getting traded on Friday. Post opening the session at $18.97, the shares hit an intraday low of $18.42 and an intraday high of $19.12 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Aug 30, 2016, David E Rapley (director) sold 6,019 shares at $21.09 per share price. According to the SEC, on Jul 13, 2016, Michael A George (director) sold 150,000 shares at $26.24 per share price. On Apr 27, 2016, Mark C Vadon (director) sold 59,111 shares at $26.60 per share price, according to the Form-4 filing with the securities and exchange commission.

Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies which are engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates the Company operates in North America Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC Inc. (QVC) Inc. (Backcountry) LLC (Bodybuilding) CommerceHub and Evite Inc. (Evite) and its equity affiliates Expedia Inc. (Expedia) HSN Inc. (HSN) FTD Companies Inc. (FTD) Interval Leisure Group Inc. (Interval Leisure Group) and LendingTree Inc. (LendingTree). QVC markets and sells a variety of consumer products through live televised shopping and via its Websites and other media including Backcountry is an e-retailer for outdoor adventure cycling action sports and motorcycle gear and clothing. Bodybuilding is an Internet retailer of sports fitness and nutritional supplements.

Liberty Interactive Group

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