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Analysts Cut Art Tech Group (ARTG) to Hold Following Oracle's $6/Share Bid

November 2, 2010 3:41 PM EDT
ARTG Hot Sheet
Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 22
Numerous analyst firms are revising their investment ratings on shares of Art Technology Group (Nasdaq: ARTG) today following this morning's news that Oracle will buy the stock for $6/share.

With shares of Art Tech Group up more than 45% today, the following firm's downgraded the stock:
  • Deutsche Bank - from Buy to Hold
  • Roth Capital - from Buy to Neutral
  • Lazard - from Buy to Hold
  • Benchmark - from Buy to Hold
  • ThinkEquity - from Buy to Hold
  • Evercore - from Overweight to Equalweight
  • Craig-Hallum - from Buy to Neutral



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Deutsche Bank, ThinkEquity, Lazard, Roth Capital, Oracle/Art Technology Group, Inc.

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