Zacks Investment Research upgraded shares of ANCESTRY.COM (ACOM) from NEUTRAL to OUTPERFORM on June 18, 2012, with a target price of $29.10.
Ancestry.com, Inc. is an online resource for family history. The company focuses to help everyone discover, preserve and share their family history. Its subscribers use the proprietary online platform, digital historical record collection, and technology to research their family histories, build their family trees, collaborate with other subscribers, upload their own records, and publish and share their stories with their families. It offers its service on a subscription basis, annual or monthly. Its operations consist primarily of its Website, Ancestry.com, which is a part of a global family of Websites that includes Ancestry.co.uk, Ancestry.com.au, Ancestry.ca, Ancestry.de, Ancestry.fr, Ancestry.it and Ancestry.se. The foundation of the Company's service is a collection of billions of historical records. It has established relationships with national, state and local government archives, historical societies, religious institutions and private collectors of historical content worldwi
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