Layne Christensen (LAYN) Traders Shrug Off Sidoti Downgrade
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Sidoti & Co. downgrades Layne Christensen (Nasdaq: LAYN) from Buy to Neutral. The firm maintained its $34 price target.
Despite the downgrade, shares of Layne Christensen are rallying today, currently up 2.2% to $31.61.
Click here to see all the analyst action on shares of Layne Christensen.
Layne Christensen Company and its subsidiaries provide drilling and construction services and related products to the water infrastructure and mineral exploration markets.
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