Canaccord Upgrades Alvarion (ALVR) to Hold, Shares Tick Higher

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July 26, 2011 2:57 PM EDT
Get Alerts ALVR Hot Sheet
Price: $9.81 --0%

Rating Summary:
    1 Buy, 6 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 21 | New: 20
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Shares of Alvarion Ltd. (NASDAQ: ALVR) are trading higher over the last half hour of trade as an analyst at Canaccord Genuity just upgraded the stock from Sell to Hold. The analyst lifted his price target on Alvarion shares from $1 to $1.50.

The stock is up nearly 6 percent Tuesday afternoon following solid Q2 results from the company this morning.

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

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