DemandTec Falls 13% After Downgrade
DemandTec (DMAN) is down after getting cut to "accumulate" from "buy" at Craig Hallum Capital Group, with a 12-month price estimate of $13 a share, Bloomberg reports. Late Thursday, the company reported Q4 revenue of $22.3 mln, just ahead of the Street view of $22 mln. EPS was $0.03, in line with expectations.
Credit: Financial News Network
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