Tag: Emulex

  • Small Cap Downgrades: Emulex Corporation (NYSE:ELX), EXCO Resources (NYSE:XCO), CEVA, Inc. (NASDAQ:CEVA), Atlantic Tele-Network (NASDAQ:ATNI)

    Emulex (NYSE:ELX) was downgraded by stock analysts at Summit Research from a “buy” rating to a “hold” rating in a report issued on Thursday, Analyst Ratings News reports. Emulex Corporation (NYSE:ELX) shares after opening at $5.66 moved to $5.66 on last trade day and at the end of the day closed at $4.96. Company price to sales ratio in past twelve months was calculated as 0.84 and price to cash ratio as 2.02. Emulex Corporation (NYSE:ELX) showed a negative weekly performance of -33.69%.

    EXCO Resources (NYSE:XCO) was downgraded by stock analysts at RBC Capital from a “sector perform” rating to an “underperform” rating in a report issued on Thursday, TheFlyOnTheWall.com reports. They currently have a $4.00 price objective on the stock, down from their previous price objective of $5.00. RBC Capital’s price target would suggest a potential downside of 37.01% from the company’s current price. EXCO Resources Inc (NYSE:XCO) shares fell -6.30% in last trading session and ended the day on $5.95. XCO return on equity ratio is recorded as 8.00% and its return on assets is 1.00%. EXCO Resources Inc (NYSE:XCO) yearly performance is -15.72%.

    CEVA (NASDAQ:CEVA) was downgraded by analysts at Wunderlich from a buy rating to a hold rating. The firm currently has $16.00 price target on the stock, down from their previous price target of $20.00. CEVA, Inc.(NASDAQ:CEVA) shares moved down -8.87 % in last trading session and was closed at $14.79, while trading in range of $ 14.68 – 15.83. CEVA, Inc.(NASDAQ:CEVA) year to date (YTD) performance is -2.83%.

    Atlantic Tele-Network (NASDAQ:ATNI) was downgraded by analysts at BWS Financial from a hold rating to a sell rating. BWS Financial currently has $48.00 target price on the stock, down from their previous target price of $51.00. Atlantic Tele-Network, Inc.(NASDAQ:ATNI) weekly performance is -7.00%. On last trading day company shares ended up $57.15. Atlantic Tele-Network, Inc.(NASDAQ:ATNI) distance from 50-day simple moving average (SMA50) is -10.55%. Analysts mean target price for the company is $62.00.