UPDATE: Deutsche Bank Downgrades Ixia Following Negative Pre-Announcement
July 09, 2013 at 10:34 AM EDT
In a report published Tuesday, Deutsche Bank analyst Brian Modoff downgraded the rating on Ixia (NASDAQ: XXIA ) from Buy to Hold, and lowered the price target from $21.00 to $17.00. In the report, Deutsche Bank noted, “Ixia negatively pre-announced after market-close today - calling for Q2 revs of $114M
