Vasco Data Security (VDSI) Issues Mixed Prelim. Q3 Results; Revises FY16 Guidance
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Dougherty & Co Downgrades VASCO Data Security (VDSI) to Neutral
October 19, 2016 7:50 AM EDTDougherty & Co downgraded VASCO Data Security (NASDAQ: VDSI) from Buy to Neutral and removed its price target (prior $20.00). The change follows its Q3 pre-announcement and reduced FY guidance.
Analyst Joe Maxa said, "VDSI's revised outlook reflects lengthened sales cycles, primarily in the... More
