Upgrade to SI Premium - Free Trial

Noble Financial Cuts SeaChange (SEAC) to Hold; Sidelined Until Revenue Improvement Appears

April 8, 2016 9:01 AM

Noble Financial oowngrades SeaChange (Nasdaq: SEAC) from Buy to Hold following Q4 results and termination of CEO Jay Samit.

Analyst Michael Kupinski offered the following commentary with SeaChange's repot:

Kupinski recommends investors remain on the sidelines and await improved revenue visibility and the prospect of enhanced revenue growth, which appears to be at the least back half fiscal 2017 weighted.

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

Categories

Analyst Comments Analyst EPS View Downgrades

Next Articles