Audience (ADNC) Tops Q2 EPS by 2c

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Chardan Capital Markets Downgrades Audience, Inc. (ADNC) to Neutral

August 1, 2014 8:08 AM EDT

Chardan Capital Markets downgraded Audience, Inc. (NASDAQ: ADNC) from Buy to Neutral and lowers their price target to $9.00 after Q2 revenues and Q3 guidance falls below consensus.

Analyst Jay Srivatsa comments, "In our preview note on Jul 14, we had cut our... More