Craig-Hallum Downgrades SRS Labs (SRSL) Following $9.50/Share Bid from DTS
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Price: $7.35 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 15 | New: 9
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 15 | New: 9
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Craig-Hallum's Anthony Stoss downgraded shares of SRS Labs (NASDAQ: SRSL) from Buy to Hold in an intraday research note Tuesday. The analyst's price target was lowered from $10 to $9.50.
The lowered investment rating follows earlier news DTS Inc. has offered to acquire SRS Labs for $9.50/share in cash and stock. Shares are up nearly 37 percent at last check.
For an analyst ratings summary and ratings history on SRS Labs click here. For more ratings news on SRS Labs click here.
The lowered investment rating follows earlier news DTS Inc. has offered to acquire SRS Labs for $9.50/share in cash and stock. Shares are up nearly 37 percent at last check.
For an analyst ratings summary and ratings history on SRS Labs click here. For more ratings news on SRS Labs click here.
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