Knology (KNOL) Shares Fall Amid Stephens Intraday Downgrade

March 21, 2012 1:29 PM EDT
Get Alerts KNOL Hot Sheet
Price: $19.75 --0%

Rating Summary:
    0 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Shares of Knology (NASDAQ: KNOL) sunk in mid-day trade Wednesday following an intraday downgrade from Stephens' Barry McCarver. The analyst now rates Knology shares an Equalweight, down from Overweight previously. A $19 price target was maintained.

McCarver cited worry a rumored deal may not happen or be lower than previously expected.

Shares of Knology are up more than 16 percent since the end of February when rumors were first heard.

The stock is now down nearly 0.2 percent to $18.32.

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


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