Send to a Friend Share

Layne Christensen (LAYN) Shares Weak as Analyst Downgrades to Neutral

October 14, 2009 11:16 AM EDT
LAYN Hot Sheet
Rating Summary:
    1 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Shares of Layne Christensen (Nasdaq: LAYN) are down nearly 2% today amid an analyst downgrade earlier.

Boenning & Scattergood lowered its investment rating on the stock from Outperform to Neutral, also dropping its $30 price target.

Notably, Layne Christensen shares have fallen more than 5% this week alone.

Click here to see all the analyst upgrades/downgrades on shares of LAYN.

Layne Christensen Company and its subsidiaries provide drilling and construction services and related products to the water infrastructure and mineral exploration markets.

You May Also Be Interested In


Related Categories

Downgrades

Related Entities

Boenning & Scattergood

Add Your Comment





Follow StreetInsider.com On Twitter