Needham & Company Downgrades Velti (VELT) to Hold

November 15, 2012 10:56 AM EST Send to a Friend
Get Alerts VELT Hot Sheet
Price: $1.46 --0%

Rating Summary:
    3 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 8 | New: 17
Trade VELT Now!
Needham & Company downgraded Velti (NASDAQ: VELT) from Buy to Hold following weak Q3 results and 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 $6.64 yesterday, with a 52 week range of $4.99-$14.65.


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