Craig-Hallum Downgrades Velti (VELT) to Hold

January 31, 2013 8:22 AM EST
Get Alerts VELT Hot Sheet
Price: $0.06 --0%

Rating Summary:
    3 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 9 | New: 1
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Craig-Hallum downgraded Velti (NASDAQ: VELT) from Buy to Hold with a price target of $4.00 (from $12.00) following a more subdued outlook.

For an analyst ratings summary and ratings history on Velti click here. For more ratings news on Velti click here.

Shares of Velti closed at $4.09 yesterday.

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