Knight Capital (KCG) Shares Sink to Session Lows as KBW Downgrades

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July 18, 2012 1:50 PM EDT
Get Alerts KCG Hot Sheet
Price: $20.00 --0%

Rating Summary:
    3 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Shares of Knight Capital Group (NYSE: KCG) dipped below $11 midday following an intraday downgrade from Keefe, Bruyette & Woods. The firm now rates the stock a Market Perofmr, down from Outperform. The price target was reduced from $14 to $12.

The downgrade follows Q2 results from Knight Capital this morning. Shares are down 6.6 percent to $10.96 at last check.

For an analyst ratings summary and ratings history on Knight Capital Group click here. For more ratings news on Knight Capital Group click here.

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