Wells Fargo Downgrades Sonus Networks, Inc. (SONS) to Market Perform
Get Alerts SONS Hot Sheet
Price: $8.14 --0%
Rating Summary:
9 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 10
Rating Summary:
9 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 10
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Wells Fargo downgraded Sonus Networks, Inc. (NASDAQ: SONS) from Outperform to Market Perform with a price target of $9-$11 (from $21-$23). Earlier Sonus cut Q1 and FY outlook. Analyst Jess Lubert now sees 2015 as a transition year.
For an analyst ratings summary and ratings history on Sonus Networks, Inc. click here. For more ratings news on Sonus Networks, Inc. click here.
Shares of Sonus Networks, Inc. closed at $13.16 yesterday.
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