Radient (RADS) Shares Tumble Following Needham Downgrade
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Price: $27.98 --0%
Rating Summary:
1 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 3 | New: 2
Rating Summary:
1 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 3 | New: 2
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Shares of Radient Systems (NASDAQ: RADS) fell in mid-day trade Thursday following an intraday downgrade from an analyst at Needham & Company.
The firm now rates Radiant Systems a Hold, down from Strong Buy previously. Needham suspended its prior $22 price target.
Shares of Radiant fell as much as 2.6 percent just after the downgrade, however are still up more than 4.4 percent this afternoon.
For more ratings news on Radient Systems click here and for the rating history of Radient Systems click here.
The firm now rates Radiant Systems a Hold, down from Strong Buy previously. Needham suspended its prior $22 price target.
Shares of Radiant fell as much as 2.6 percent just after the downgrade, however are still up more than 4.4 percent this afternoon.
For more ratings news on Radient Systems click here and for the rating history of Radient Systems click here.
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