Topeka Maintains Buy On Liberty Interactive Following Quarterly Report
In a research note published this morning, Topeka Capital analyst Victor Anthony maintained a Buy rating on Liberty Interactive (LINTA) with a $34 price target, following the company’s quarterly report.
Anthony wrote, “In our view, Liberty Interactive is a quality play due to international diversification, a high margin profile, a high free cash flow yield, its pure-play e-commerce exposure, and a management team backed by John Malone, who has a consistent history of driving shareholder value. This is available at a below peer valuation”.
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Victor Anthony has a total average return of 18.1% and a 62.2% success rate. Anthony has an 8.5% average return when recommending LINTA, and is ranked #68 out of 3205 analysts.
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