Jefferies Downgrades AutoNavi Holdings (AMAP) to Hold On Share Loss

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/11/2026

1. RKLB
2. SPY
3. ACVA
4. RPD
5. CRWV
6. RIOT
7. FERG
8. NVDA
9. HIMS
10. BBIO

January 19, 2012 7:30 AM EST
Get Alerts AMAP Hot Sheet
Price: $20.90 --0%

Rating Summary:
    0 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 23 | New: 12
Join SI Premium – FREE
Jefferies downgraded AutoNavi Holdings (NASDAQ: AMAP) from Buy to Hold with a price target of $12 (down from $17).

The firm comments, "Our industry checks suggest that AutoNavi may have lost share in providing map data to BMW’s new car models, causing auto segment revenue growth to be flattish in 2012 and overall margin expansion to be delayed to 2013. We believe AutoNavi is in transition from a B2B to a B2B+B2C company in 2012 and more synergy may come in 2013."

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

Shares of AutoNavi Holdings closed at $11.62 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades

Related Entities

Jefferies & Co