Velti (VELT): a 25% Sell-Off and Now a Downgrade
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Jefferies Sees Messy Transition at Velti (VELT) But Keeps 'Buy' Rating
January 31, 2013 3:07 PM ESTJefferies slashed its price target on Velti (NASDAQ: VELT) from $12 to $8 but is keeping a Buy rating on the name following yesterday's 25% sell-off on cautious analyst day comments.
Commenting on the analyst meeting, Jefferies notes: "Velti focused on their platform and substantial... More
Craig-Hallum Downgrades Velti (VELT) to Hold
January 31, 2013 8:22 AM ESTCraig-Hallum downgraded Velti (NASDAQ: VELT) from Buy to Hold with a price target of $4.00 (from $12.00) following a more subdued outlook.
For an analyst ratings summary and ratings history on Velti click... More
Velti (VELT) Drops Following Analyst Day Event
January 30, 2013 3:29 PM ESTVelti (NASDAQ: VELT) shares were signficantly lower heading into the close of trading on Wednesday. The company held an analyst day event this afternoon, which ended at 2 pm.... More
