Baird downgraded CPI Card Group (NASDAQ: PMTS) from Outperform to Neutral with a price target of $4.00 (from $14.00).

For an analyst ratings summary and ratings history on CPI Card Group click here. For more ratings news on CPI Card Group click here.

Shares of CPI Card Group closed at $7.66 yesterday.

Analyst PT Change Downgrades

CIBC Downgrades CPI Card Group (PMTS) to Sector PerformMay 12, 2016 7:54 AM BMO Capital Downgrades CPI Card Group (PMTS) to Market PerformMay 12, 2016 7:26 AM Goldman Sachs Downgrades CPI Card Group (PMTS) to NeutralMay 12, 2016 7:00 AM CPI Card Group, Inc. (PMTS) Approves $20M Buyback PlanMay 11, 2016 4:24 PM CPI Card Group, Inc. (PMTS) Misses Q1 EPS by 1c, Guides FY16 Well Below ViewsMay 11, 2016 4:23 PM CPI Card Group Announces $20 Million Stock Repurchase ProgramMay 11, 2016 4:17 PM CPI Card Group Inc. Reports First Quarter 2016 ResultsMay 11, 2016 4:16 PM