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Baird Downgrades Faro Technologies (FARO) to Neutral, Ups Price Target to $59

February 29, 2012 7:52 AM EST
Get Alerts FARO Hot Sheet
Price: $43.99 --0%

Rating Summary:
    4 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Baird downgraded shares of Faro Technologies (NASDAQ: FARO) to a Neutral rating from its previous rating of Outperform. The firm lifted its price target target on the company from $56 to $59.

For an analyst ratings summary and ratings history on Faro Technologies click here. For more ratings news on Faro Technologies click here.

Shares of Faro Technologies closed at $58.75 yesterday.


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Robert W Baird