Procera Networks, Inc. (PKT) Misses Q1 EPS by 7c

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Procera Networks (PKT) PT, Estimates Trimmed at Needham & Company Amid Weak Q1

May 2, 2014 8:25 AM EDT

Needham & Company analyst Alex Henderson lowered estimates and his price target on Procera Networks (NASDAQ: PKT) to $12.00 (from $14.00) following Q1 but maintained a Buy rating. The analyst notes results were weak but promises ramped which may leave investors skeptical.

Henderson comments,... More

Pacific Crest Downgrades Procera Networks (PKT) to Sector Perform

May 2, 2014 7:02 AM EDT

Pacific Crest downgraded Procera Networks (NASDAQ: PKT) from Outperform to Sector Perform and removed its price target (prior $16.00).

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

Shares of Procera Networks closed at $9.44 yesterday.

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