Canaccord Genuity Maintains a 'Buy' on KIT digital (KITD); Review of 10-K: Concerns Are Justified, But N-T Catalysts Remain
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Price: $0.30 --0%
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade KITD Now!
Canaccord Genuity maintains a 'Buy' on KIT digital (NASDAQ: KITD) price target of $20.00.
Analyst, Jeff Rath, said, "Positives in the filings include improving financials and cash flows, and management and board of director changes to improve corporate oversight and confidence."
"Negatives include continued headlines surrounding its CEO, who has now agreed to become non-executive chairman, giving up his CEO position."
For an analyst ratings summary and ratings history on KIT Digital click here. For more ratings news on KIT Digital click here.
Shares of KIT Digital closed at $7.20 yesterday, with a 52 week range of $5.93-$12.73.
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Analyst, Jeff Rath, said, "Positives in the filings include improving financials and cash flows, and management and board of director changes to improve corporate oversight and confidence."
"Negatives include continued headlines surrounding its CEO, who has now agreed to become non-executive chairman, giving up his CEO position."
For an analyst ratings summary and ratings history on KIT Digital click here. For more ratings news on KIT Digital click here.
Shares of KIT Digital closed at $7.20 yesterday, with a 52 week range of $5.93-$12.73.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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