UPDATE: Needham & Company Downgrades Black Diamond Following Preliminary 4Q Results
February 12, 2014 at 10:34 AM EST
In a report published Wednesday, Needham & Company analyst Sean McGowan downgraded the rating on Black Diamond (NASDAQ: BDE ) from Strong Buy to Buy, and lowered the price target from $18.00 to $15.00. In the report, Needham & Company noted, “BDE reported preliminary 4Q revenue results that were below
