Analysts at Piper Jaffray downgrade their rating on the shares of
DynaVox (NASDAQ: DVOX) from OVERWEIGHT to NEUTRAL. The 12-month target
has been reduced from $5 to $2.30.
In a research note published on May 15, the analysts mention that due
to the declining of the revenues by 16 percent, Dynavox faced
surprising difficulty, for the 2nd consecutive quarter, as in the first 9
months of CY11, it was a stark contrast to the growth of 5 percent
y/y.
No comments:
Post a Comment