Ceradyne (CRDN) Shares Nosedive Following DA Davidson Downgrade

January 23, 2012 11:46 AM EST
Get Alerts CRDN Hot Sheet
Price: $35.00 --0%

Rating Summary:
    2 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 18 | New: 6
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Shares of Ceradyne (NASDAQ: CRDN) are sinking midday Monday following a downgrade from DA Davidson's Avinash Kant. After trading in positive territory throughout the morning session, shares are now down 2.5 percent to $31.87.

The analyst now rates Ceradyne shares a Neutral, down from Buy previously. The firm's price target was lowered from $41 to $36.

For an analyst ratings summary and ratings history on Ceradyne click here. For more ratings news on Ceradyne click here.


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