Craig-Hallum Downgrades SRS Labs (SRSL) Following $9.50/Share Bid from DTS
Tweet
Share
E-mailGet Alerts SRSL Hot Sheet
Price: $7.35 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 8 | New: 9
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 8 | New: 9
Join SI Premium – FREE
Craig-Hallum's Anthony Stoss downgraded shares of SRS Labs (NASDAQ: SRSL) from Buy to Hold in an intraday research note Tuesday. The analyst's price target was lowered from $10 to $9.50.
The lowered investment rating follows earlier news DTS Inc. has offered to acquire SRS Labs for $9.50/share in cash and stock. Shares are up nearly 37 percent at last check.
For an analyst ratings summary and ratings history on SRS Labs click here. For more ratings news on SRS Labs click here.
The lowered investment rating follows earlier news DTS Inc. has offered to acquire SRS Labs for $9.50/share in cash and stock. Shares are up nearly 37 percent at last check.
For an analyst ratings summary and ratings history on SRS Labs click here. For more ratings news on SRS Labs click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi cuts TJX Companies rating to Neutral, lowers price target
- Macquarie Downgrades Kuaishou Technology (1024:HK) to Underperform
- Canaccord Downgrades Pro Medicus Ltd. (PME:AU) (PMCUF) to Hold
Create E-mail Alert Related Categories
DowngradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
