Marchex (NASDAQ: MCHX) received a number of price target changes and ratings updates during the last week:

Marchex had its price target lowered by analysts at RBC Capital from $10.00 to $6.00. They now have a “sector perform” rating on the stock.

Marchex was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $5.00 price target on the stock.

Marchex had its price target lowered by analysts at Benchmark Co. to $4.00.

Marchex was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating.

About Marchex, Inc.:

Marchex, Inc. is a performance marketing company. The Company delivers call and click-based advertising products to advertisers. The Company offers products, services and technologies that enable advertisers to reach local consumers across online, mobile and offline sources. Its products and services primarily include pay-per-click advertising and related services, call-based advertising and related services and its publishing network. In addition, the Company provides a line of performance marketing products, including a private-label line of products for small and medium-sized businesses, a network of reseller partners, including Yellow Pages publishers, media and telecommunications companies and vertical marketing service providers. It generates revenue from two primary sources: Local Advertising Services and Publishing Network. During the year ended December 31, 2009, revenue from its Local Advertising Services accounted for approximately 66% of total revenues.

Marchex, Inc. traded up 0.67% on Wednesday, hitting $4.53. Marchex, Inc. has a 1-year low of $4.17 and a 1-year high of $10.87. The stock has a 50-day moving average of $5.56 and a 200-day moving average of $7.80. The company has a market cap of $151.9 million and a price-to-earnings ratio of 64.29.

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