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June 20, 2014
07:39 EDTWBMD, EVDYEveryday Health strong ad fundamentals likely to remain intact, says Stifel
After WebMD (WBMD) sued Everyday Health (EVDY) for allegedly misleading consumers into thinking they were accessing WebMD content, when in reality they were accessing the Everyday Health website, Stifel does not believe that Everyday Health's strong ad fundamentals are driven by practices cited in WebMD's complaint. The firm says that the financial impact of the complain is unclear, but keeps an $18 price target and Buy rating on Everyday Health.
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