Jefferies Downgrades NetLogic (NETL) to Hold
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Price: $26.60 -0.45%
Rating Summary:
4 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies downgraded NetLogic (NASDAQ: NETL) from Buy to Hold with a price target of $50 (up from $49). The downgrade follows Broadcom's acquisition of Netlogic at $50 per share.
For more ratings news on NetLogic click here and for the rating history of NetLogic click here.
Shares of NetLogic closed at $48.12 yesterday.
For more ratings news on NetLogic click here and for the rating history of NetLogic click here.
Shares of NetLogic closed at $48.12 yesterday.
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