SunTrust Cuts SAVVIS (SVVS) to Neutral Following Strong Q1 Report
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Price: $39.50 --0%
Rating Summary:
7 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 22 | New: 8
Rating Summary:
7 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 22 | New: 8
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An analyst at SunTrust Robinson Humphrey just downgraded shares of SAVVIS (NASDAQ: SVVS) from Buy to Neutral in an intraday research note. The firm suspended its prior $44 price target.
The downgrade follows Q1 results and FY11 guidance from SAVVIS Wednesday morning.
The stock is trading sharply higher, now up 9 percent to $39.29.
For more ratings news on Savvis click here and for the rating history of Savvis click here.
The downgrade follows Q1 results and FY11 guidance from SAVVIS Wednesday morning.
The stock is trading sharply higher, now up 9 percent to $39.29.
For more ratings news on Savvis click here and for the rating history of Savvis click here.
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