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Mizuho Cuts DragonWave (DRWI) to Neutral Amid VP Resignation

July 6, 2011 12:53 PM EDT
Get Alerts DRWI Hot Sheet
Price: $0.12 --0%

Rating Summary:
    2 Buy, 6 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Mizuho Securities just downgraded shares of DragonWave (NASDAQ: DRWI) from Buy to Neutral in an intraday research note.

The stock has tumbled more than 12 percent Wednesday following news from this morning the company's VP of worldwide sales resigned.

For more ratings news on DragonWave click here and for the rating history of DragonWave click here.


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