Notable Reporting: Liberty Interactive Corp Increases Again; Strong Momentum for Buyers

Notable Reporting: Liberty Interactive Corp Increases Again; Strong Momentum for Buyers

The stock of Liberty Interactive Corp (NASDAQ:QVCA) is a huge mover today! About 3.68 million shares traded hands or 32.37% up from the average. Liberty Interactive Corp (NASDAQ:QVCA) has declined 27.98% since April 5, 2016 and is downtrending. It has underperformed by 29.94% the S&P500.
The move comes after 6 months positive chart setup for the $15.48 billion company. It was reported on Nov, 8 by Barchart.com. We have $32.82 PT which if reached, will make NASDAQ:QVCA worth $10.37B more.

Liberty Interactive Corp (NASDAQ:QVCA) Ratings Coverage

Out of 10 analysts covering Liberty Interactive (NASDAQ:QVCA), 9 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. Liberty Interactive has been the topic of 14 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Citigroup maintained it with “Buy” rating and $26 target price in Thursday, October 6 report. On Thursday, August 6 the stock rating was maintained by Axiom Capital with “Buy”. FBR Capital maintained the shares of QVCA in a report on Friday, August 12 with “Outperform” rating. The firm earned “Buy” rating on Tuesday, August 18 by Brean Capital. The firm has “Buy” rating given on Friday, November 13 by Axiom Capital. The firm earned “Outperform” rating on Wednesday, August 10 by FBN Securities. The firm has “Neutral” rating by Bank of America given on Tuesday, September 20. The stock of Liberty Interactive Corp (NASDAQ:QVCA) has “Buy” rating given on Thursday, August 6 by UBS. The firm earned “Buy” rating on Thursday, August 6 by Stifel Nicolaus. On Thursday, June 9 the stock rating was initiated by Maxim Group with “Buy”.

According to Zacks Investment Research, “Liberty Interactive Corporation, through its subsidiaries, owns interests in video and on-line commerce industries in North America, Europe and Asia. The Company owns interests in home shopping television networks and lifestyle and travel services Internet websites. It markets and sells various consumer products primarily through live televised shopping programs, and Websites and other interactive media, including QVC.com. The Company also operates Websites offering sports gear and clothing for outdoor and active individuals in various categories; sports nutrition, body building, and fitness products; costumes, accessories, décor, party supplies, and invitations; and perishable goods, including flowers, fruits, and desserts, as well as personalized gifts. Liberty Interactive Corporation is headquartered in Englewood, Colorado.”

More recent Liberty Interactive Corp (NASDAQ:QVCA) news were published by: Businesswire.com which released: “Liberty Interactive Corporation Reports Third Quarter 2016 Financial Results” on November 08, 2016. Also Businesswire.com published the news titled: “Liberty Interactive Corp. and Liberty Expedia Holdings, Inc. Announce …” on November 04, 2016. Businesswire.com‘s news article titled: “Split-Off of Liberty Expedia Holdings Approved at Liberty Interactive’s …” with publication date: November 02, 2016 was also an interesting one.

QVCA Company Profile

Liberty Interactive Corporation, incorporated on February 28, 2006, owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. The Company’s principal businesses and assets include its subsidiaries QVC, Inc. (QVC), zulily, llc (zulily), Bodybuilding.com, LLC (Bodybuilding) and CommerceHub and Evite, Inc. (Evite). The Company’s divisions include QVC, zulily, and Corporate and other.

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