Canaccord Genuity Suspends Recommendation on KIT Digital (KITD)
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Price: $0.30 --0%
Rating Summary:
0 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
0 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity suspends recommendation, estimates and price target on KIT Digital (Nasdaq: KITD) after the company's negative preannouncement.
Analyst, Jeff Rath, said, "We believe the results and associated commentary imply a resetting of forecasts and delay in our previous investment thesis. We will look for more clarity on the company’s May 15 conference call...Our previous estimates should no longer be relied upon."
To see more ratings on KITD, Click Here
Analyst, Jeff Rath, said, "We believe the results and associated commentary imply a resetting of forecasts and delay in our previous investment thesis. We will look for more clarity on the company’s May 15 conference call...Our previous estimates should no longer be relied upon."
To see more ratings on KITD, Click Here
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