Intevac (IVAC) Shares Lower as B. Riley Downgrades to Neutral

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July 13, 2012 12:46 PM EDT
Get Alerts IVAC Hot Sheet
Price: $4.00 --0%

Rating Summary:
    2 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 14 | Down: 24 | New: 110
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Shares of Intevac (NASDAQ: IVAC) are trading down by nearly 2 percent Friday afternoon following an earlier downgrade from R. Riley's William Ong. The analyst now rates the stock a Neutral, down from Buy previously. The price target was lowered from $10 to $7.50.

Despite the neutral stance, B. Riley's new price target represents potential upside of about 12 percent from where the stock is currently trading.

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

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