Zacks Investment Research downgraded shares of LIQUIDITY SVCS (LQDT) from NEUTRAL to UNDERPERFORM on December 19, 2012, with a target price of $37.80.
Liquidity Services, Inc. is a leading online auction marketplace for wholesale, surplus and salvage assets. LSI enables its corporate and government sellers to enhance their financial return on excess assets by providing a liquid marketplace and value-added services that integrate sales and marketing, logistics and transaction settlement into a single offering. LSI has developed and deployed highly successful online sales programs on a significant scale for clients including large corporations and government agencies to maximize the market reach and recovery value of surplus assets in a timely manner.
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