Cantor Fitzgerald downgrades Sonic Foundry (SOFO) to Hold

January 25, 2008 10:48 AM EST

Cantor Fitzgerald downgrades Sonic Foundry, Inc. (Nasdaq: SOFO) from Buy to Hold, following negative pre-announcement. The firm cut their price target from $3 to $1.

Sonic Foundry, Inc. develops automated media application software and systems.


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