Canaccord Genuity Maintains a ‘Buy’ on Ancestry.com

Canaccord Genuity maintains a ‘Buy’ on Ancestry.com (NASDAQ: ACOM), PT $40.

Canaccord analyst says, “As Ancestry’s brand reaches a more mass-market audience, we expect to see strong subscriber growth and believe the second season of NBC’s reality show Who Do You Think You Are? will serve as a catalyst for that growth….

Shares of Ancestry.com closed at $35.37 yesterday, with a 52 week range of $0.01-$37.09.

Read the full article in the January 27, 2011 edition of streetinsider.com.

Another Ancestry.com shares article is found at Zacks.com.

Author: Leland Meitzler

Leland K. Meitzler founded Heritage Quest in 1985, and has worked as Managing Editor of both Heritage Quest Magazine and The Genealogical Helper. He currently operates Family Roots Publishing Company (www.FamilyRootsPublishing.com), writes daily at GenealogyBlog.com, writes the weekly Genealogy Newsline, conducts the annual Salt Lake Christmas Tour to the Family History Library, and speaks nationally, having given over 2000 lectures since 1983.

Leave a Reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload the CAPTCHA.