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.

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