Velti plc (VELT) Misses Q3 EPS by 6c, Lowers Q4 Guidance

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Needham & Company Downgrades Velti (VELT) to Hold

November 15, 2012 10:56 AM EST

Needham & Company downgraded Velti (NASDAQ: VELT) from Buy to Hold following weak Q3 results and outlook.

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

Shares of Velti closed at $6.64 yesterday, with a 52 week range of $4.99-$14.65.... More

Jefferies Slashes Numbers on Velti (VELT) Post-Q3, But Keeps 'Buy' Rating

November 15, 2012 8:51 AM EST

Jefferies slashed estimates and its price target on Velti (NASDAQ: VELT) from $23 to $12 following weak Q3 results and outlook but is keeping its Buy rating.

The firm comments, "Overhangs on Velti's stock include its exposure to Greece and other troubled areas, high... More