MDC Partners (MDCA) PT Lowered to $3.50 at Jefferies

UPDATE: MDC Partners (MDCA) Sees Insider Buying Today with Stock in Free Fall

November 4, 2016 11:50 AM EDT

(Updated - November 4, 2016 11:52 AM EDT)

MDC Partners (NASDAQ: MDCA) seeing insider buying with stock down 62.5% today.

CEO, Scott Kauffman, bought 25,000 shares today at $2.92Gen. Councel & Corp. Secretary, Mitchell Gendel, bought 10,000 shares today at $3.10.

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Wedbush Downgrades MDC Partners (MDCA) to Neutral; Growth Guide and Confidence in Management Cut by Half

November 4, 2016 8:50 AM EDT

Wedbush downgraded MDC Partners (NASDAQ: MDCA) from Outperform to Neutral with a price target of $8.00 (from $20.00), as guidance and confidence in management cut in half. Also management suspended the dividend, to improve cash retention by ~$11m per quarter, for improved liquidity, deleveraging and investment in... More

Wells Fargo Downgrades MDC Partners (MDCA) to Market Perform

November 4, 2016 8:42 AM EDT

Wells 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.

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MDC Partners (MDCA) Misses Q3 EPS Views; Trims FY16 Outlook

November 4, 2016 7:14 AM EDT

MDC 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