Piper Jaffray Downgrades NetLogic (NETL) to Neutral

September 12, 2011 10:06 AM EDT
Get Alerts NETL Hot Sheet
Price: $26.29 +1.78%

Rating Summary:
    4 Buy, 12 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 9 | New: 21
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Piper Jaffray downgraded NetLogic (NASDAQ: NETL) from Buy to Neutral with a price target of $50, following buyout.

For more ratings news on NetLogic click here and for the rating history of NetLogic click here.

Shares of NetLogic closed at $31.91 yesterday.


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