UPDATE Piper Jaffray Upgrades HomeAway on Better Pricing Leverage
May 31, 2013 at 09:36 AM EDT
In a report published on Friday, Piper Jaffray analyst Michael Olson upgraded HomeAway (NASDAQ: AWAY ) from Neutral to Overweight and raised the price target from $32.00 to $36.00. In the report, Piper Jaffray noted, "We surveyed 30 HomeAway vacation rental owners and managers. The results of our survey demonstrated