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Raymond James Cuts DragonWave (DRWI) to Market Perform Amid Q1 Miss, Q2 Guidance

July 12, 2012 8:21 AM EDT
Get Alerts DRWI Hot Sheet
Price: $0.12 --0%

Rating Summary:
    2 Buy, 6 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 10 | New: 5
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An analyst at Raymond James downgraded shares of DragonWave (NASDAQ: DRWI) from Outperform to Market Perform Thursday morning following the company's Q1 miss on Wednesday.

DragonWave shares are down more than 5 percent at last check as traders are showing concern with the company's Q2 outlook.

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


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