FBN Securities Downgrades Polycom (PLCM) to Sector Perform

April 5, 2012 1:19 PM EDT
Get Alerts PLCM Hot Sheet
Price: $12.47 --0%

Rating Summary:
    2 Buy, 12 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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FBN Securities has lowered Polycom (Nasdaq: PLCM) to Sector Perform, lowering its price target from $25 to $18.

Shares of Polycom are down over 17 percent on the session following preliminary first-quarter numbers which came in below views. For more color, click here.

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

Shares of Polycom closed at $18.19 yesterday.


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