Needham & Company Downgrades SGI (SGI) to Hold Following Takeover

August 12, 2016 7:34 AM EDT
Get Alerts SGI Hot Sheet
Price: $7.75 --0%

Rating Summary:
    3 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 31 | New: 42
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Needham & Company downgraded Silicon Graphics International Corp. (NASDAQ: SGI) from Buy to Hold after the company agreed to be acquired by HPE.

For an analyst ratings summary and ratings history on Silicon Graphics International Corp. click here. For more ratings news on Silicon Graphics International Corp. click here.

Shares of Silicon Graphics International Corp. closed at $5.98 yesterday.



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