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William Blair Downgrades AboveNet (ABVT) to Market Perform

March 19, 2012 12:37 PM EDT
Get Alerts ABVT Hot Sheet
Price: $84.00 --0%

Rating Summary:
    0 Buy, 8 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 2
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William Blair's James Breen downgraded shares of AboveNet (NYSE: ABVT) from Outperform to Market Perform Monday afternoon following Zayo's $84/share bid for the company early this morning.

AboveNet shares last traded at $84 even, up 13 percent from Friday's closing price.

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


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