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Noble Financial Downgrades Electro Scientific (ESIO) Amid Q3 Results, Q4 Outlook

January 27, 2012 11:10 AM EST
ESIO Hot Sheet
Rating Summary:
    0 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Noble Financial's Mark Miller downgraded shares of Electro Scientific Industries (NASDAQ: ESIO) from Buy to Hold Friday following Q3 results from the company Thursday afternoon. Miller's price target remains $15.

The stock has tumbled about 8 percent on the results.

For an analyst ratings summary and ratings history on Electro Scientific Industries click here. For more ratings news on Electro Scientific Industries click here.


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