B. Riley Cuts Marchex (MCHX) to Neutral, Price Target Lowered to $5
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Price: $1.79 +0.56%
Rating Summary:
8 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
8 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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B. Riley's Sameet Sinha downgraded shares of Marchex (NASDAQ: MCHX) from Buy to Neutral earlier, also reducing his price target from $11 to $5.
Shares are down more than 11 percent Thursday afternoon following soft preliminary Q4 results and guidance late Wednesday afternoon.
For an analyst ratings summary and ratings history on Marchex click here. For more ratings news on Marchex click here.
Shares are down more than 11 percent Thursday afternoon following soft preliminary Q4 results and guidance late Wednesday afternoon.
For an analyst ratings summary and ratings history on Marchex click here. For more ratings news on Marchex click here.
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