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Sterne Agee Cuts Quantum Corp. (QTM) to Neutral

July 28, 2011 2:21 PM EDT
Get Alerts QTM Hot Sheet
Price: $1.62 --0%

Rating Summary:
    3 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 13
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Sterne Agee's Brett Rabatin downgraded shares of Quantum Corp. (NYSE: QTM) from Buy to Neutral Thursday morning following a Q1 miss last night.

Quantum shares are down 17.9 percent to $2.57 this afternoon.

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

Shares of Quantum Corp. closed at $3.13 yesterday.


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