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Miller Tabak Downgrades Sonus Networks (SONS) Following Q4 Results

February 22, 2012 10:40 AM EST
SONS Hot Sheet
Rating Summary:
    1 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Miller Tabak's Alexander Henderson downgraded shares of Sonus Networks, Inc. (NASDAQ: SONS) from Buy to Hold following Q4 results from the company Tuesday afternoon. The analyst reduced his price target on the stock from $3 to $2.70.

After opening this morning's session down more than 3 percent, shares of Sonus surged and are now up 3.4 percent to $2.78.

For an analyst ratings summary and ratings history on Sonus Networks, Inc. click here. For more ratings news on Sonus Networks, Inc. click here.


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