Wedbush Downgrades MDC Partners (MDCA) to Neutral; Growth Guide and Confidence in Management Cut by Half
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MDC Partners (MDCA) PT Lowered to $3.50 at Jefferies
November 7, 2016 7:46 AM ESTJefferies analyst John Janedis reiterated a Hold rating and slashed his price target on MDC Partners (NASDAQ: MDCA) to $3.50 (from $17.00).
Janedis commented, "When we "Threw in the Towel" and downgraded the stock to Hold after 2Q results, we had suspected only... More
Wells Fargo Downgrades MDC Partners (MDCA) to Market Perform
November 4, 2016 8:42 AM EDTWells Fargo downgraded MDC Partners (NASDAQ: MDCA) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on MDC Partners click here. For more ratings news on MDC Partners click here.
Shares of MDC Partners closed at $8.40 yesterday.
... MoreMDC Partners (MDCA) Misses Q3 EPS Views; Trims FY16 Outlook
November 4, 2016 7:14 AM EDTMDC Partners (NASDAQ: MDCA) reported Q3 EPS of ($0.15), $0.37 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $349.3 million versus the consensus estimate of $354.3 million.
GUIDANCE:
MDC Partners sees FY2016 revenue of $1.365-1.375 billion, versus prior... More
BMO Capital Downgrades MDC Partners (MDCA) to Market Perform, PT Slashed to $5
November 4, 2016 6:18 AM EDTBMO Capital downgraded MDC Partners (NASDAQ: MDCA) from Outperform to Market Perform with a price target of $5.00 (from $23.00).
Analyst Daniel Salmon commented, "We were wrong to believe MDCA could thread a tight needle in 3Q; while organic growth and working capital improved, management has... More
