Jefferies Upgrades Brightpoint (CELL) to Buy
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Price: $1.00 --0%
Rating Summary:
0 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
0 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies upgraded Brightpoint (NASDAQ: CELL) from Hold to Buy with a $12.50 price target.
The firm said checks indicate handset demand has recently stabilized after a slowing that began in April. They see risk/reward as compelling.
For more ratings news on Brightpoint click here and for the rating history of Brightpoint click here.
Shares of Brightpoint closed at $7.49 yesterday.
The firm said checks indicate handset demand has recently stabilized after a slowing that began in April. They see risk/reward as compelling.
For more ratings news on Brightpoint click here and for the rating history of Brightpoint click here.
Shares of Brightpoint closed at $7.49 yesterday.
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