RBC Capital Downgrades Alaska Communications Systems (ALSK) to Underperform, Cuts Price Target by 50%

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November 9, 2011 7:50 AM EST
Get Alerts ALSK Hot Sheet
Price: $3.40 --0%

Rating Summary:
    1 Buy, 1 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
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RBC Capital downgraded shares of Alaska Communications Systems Group (NASDAQ: ALSK) to an Underperform rating from its previous rating of Sector Perform. The firm also cuts its price target by 50 percent to $4.00.

For an analyst ratings summary and ratings history on Alaska Communications Systems Group click here. For more ratings news on Alaska Communications Systems Group click here.

Shares of Alaska Communications Systems Group closed at $7.38 yesterday.

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