8x8 (EGHT) Shares Edge Higher as Craig-Hallum Starts at Buy, Sets $6 Price Target

August 24, 2011 3:27 PM EDT
Get Alerts EGHT Hot Sheet
Price: $2.08 -0.95%

Rating Summary:
    12 Buy, 9 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of 8x8 (NASDAQ: EGHT) are ticking higher in late-day trade as an analyst at Craig-Hallum just initiated coverage on the stock with a Buy rating and a $6 price target.

With the stock now up 7.2 percent to $3.71, Craig-Hallum's new price target implies potential upside of about 62 percent.

For more ratings news on 8x8 click here and for the rating history of 8x8 click here.


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