Polycom (PLCM) Downgraded To 'Sector Perform', PT Lowered To $18 By FBN Securities
Posted on April 05, 2012 at 13:03 PM EDT
Polycom Inc. (Nasdaq: PLCM) shares were downgraded to "Sector Perform" from "Outperform" by FBN Securities analyst Shebly Seyrafi, who thinks it is prudent for investors to await better signs of a recovery in N. America before going positive on the stock. Seyrafi also lowered his price target on the stock to $18 from $25. [More...]