UPDATE: J.P. Morgan Downgrades AVG Technologies NV Following Tough 3Q, Worse Guide
November 08, 2013 at 08:43 AM EST
In a report published Friday, J.P. Morgan analyst John DiFucci downgraded the rating on AVG Technologies NV (NYSE: AVG ) from Neutral to Overweight, and lowered the price target from $28.00 to $20.00. In the report, J.P. Morgan noted, “AVG reported disappointing 3Q results, but its 4Q guidance and a
