Stifel Nicolaus Downgrades ADTRAN (ADTN) to Hold; Shares Continue Lower
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Price: $8.40 +4.09%
Rating Summary:
12 Buy, 13 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 13 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Stifel Nicolaus downgraded ADTRAN (NASDAQ: ADTN) from Buy to Hold Thursday.
The stock plunged more than 15 percent on Wednesday following Q2 results. This morning, with Stifel not being the only analyst to downgrade the stock, shares of ADTRAN are down another 2 percent to $22.53.
For an analyst ratings summary and ratings history on ADTRAN click here. For more ratings news on ADTRAN click here.
The stock plunged more than 15 percent on Wednesday following Q2 results. This morning, with Stifel not being the only analyst to downgrade the stock, shares of ADTRAN are down another 2 percent to $22.53.
For an analyst ratings summary and ratings history on ADTRAN click here. For more ratings news on ADTRAN click here.
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