UPDATE: Stifel Nicolaus Lowers PT on National Instruments Following 2Q13 Results Report
July 30, 2013 at 11:30 AM EDT
In a report published Tuesday, Stifel Nicolaus analyst Patrick Newton reiterated a Buy rating on National Instruments (NASDAQ: NATI ), but lowered the price target from $34.00 to $32.00. In the report, Stifel Nicolaus noted, “NATI reported 2Q13 results well behind our and consensus expectations as decelerating global industrial markets pressured
