Hollysys Automation (HOLI) Misses Q4 EPS by 3c
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Nomura Securities Downgrades Hollysys Automation Technologies (HOLI) to Reduce
August 17, 2015 10:11 AM EDTNomura Securities downgraded Hollysys Automation Technologies (NASDAQ: HOLI) from Buy to Reduce with a price target of $16.15 (from $28.78).
Analyst Patrick Xu commented, "We expect no growth in new contracts of industrial automation in FY16-18F due to sluggish demand... More
