Velti (VELT): a 25% Sell-Off and Now a Downgrade
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
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
