Scalper1 News
Zulily (ZU) surged 4% in morning trading in the stock market today after RBC Capital Markets upgraded the flash-sales website to outperform from market perform, citing the company’s growth prospects and “reasonable price” after a recent 50% correction. RBC also hiked its price target on Zulily, a site geared toward moms, to 50 from 45. Zulily stock was trading near 41. RBC analyst Mark Mahaney said in Scalper1 News
Scalper1 News