Sidoti Cuts Medifast (MED) to Neutral

April 11, 2012 3:02 PM EDT
Get Alerts MED Hot Sheet
Price: $11.95 +2.84%

Rating Summary:
    4 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Shares of Medifast (NYSE: MED) have ticked lower over the last half hour or so of trade as Sidoti's Michael Halen lowered his investment rating on the stock from Buy to Neutral. The firm's price target was maintained at $21.

The stock is up more than 4 percent Wednesday afternoon as the stock gapped above the 200-day SMA. Volume is normal.

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


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