Deutsche Bank Downgrades MediaMind Technologies (MDMD) to 'Hold' Due to Acquisition Announcement
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Price: $21.94 --0%
Rating Summary:
4 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 23 | New: 12
Rating Summary:
4 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 23 | New: 12
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Deutsche Bank downgraded MediaMind Technologies (NASDAQ: MDMD) from Buy to Hold.
Deutsche analyst says, "We are lowering our investment rating to Hold following yesterday's announcement that MediaMind has agreed to be purchased by DG FastChannel for $22 in cash per share. The transaction is expected to close sometime in 3Q 2011."
For more ratings news on MediaMind Technologies click here and for the rating history of MediaMind Technologies click here.
Shares of MediaMind Technologies closed at $21.94 yesterday.
Deutsche analyst says, "We are lowering our investment rating to Hold following yesterday's announcement that MediaMind has agreed to be purchased by DG FastChannel for $22 in cash per share. The transaction is expected to close sometime in 3Q 2011."
For more ratings news on MediaMind Technologies click here and for the rating history of MediaMind Technologies click here.
Shares of MediaMind Technologies closed at $21.94 yesterday.
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