Harte Hanks Enters New Credit Agreement

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Noble Financial Cuts PT on Harte-Hanks Inc. (HHS) to $5 Following Debt Facility, Dividend Elminiation

March 14, 2016 12:01 PM EDT

Noble Financial trims its price target on Buy-rated Harte Hanks (NYSE: HHS) from $7 to $5 following news of a new credit facility and elimination of its dividend payment last week.

Michael Kupinski noted the following on Monday:

Raising interest expense, but lowers... More

BMO Capital Downgrades Harte-Hanks Inc. (HHS) to Market Perform

March 14, 2016 6:46 AM EDT

BMO Capital downgraded Harte-Hanks Inc. (NYSE: HHS) from Outperform to Market Perform with a price target of $3.00 (from $4.00) following the decision to discontinue payment of dividends.

Analyst Daniel Salmon commented, "Our thesis had been predicated on being paid to wait and thus we... More