UPDATE: J.P. Morgan Downgrades Violin Memory Following Deterioration Of Revenue Model
November 22, 2013 at 07:05 AM EST
In a report published Friday, J.P. Morgan analyst Mark Moskowitz downgraded Violin memory (NYSE: VMEM ) from an Overweight rating to a Neutral rating, lowering the price target from $9.00 to $5.50. In the report, J.P. Morgan says "We are downgrading Violin Memory to Neutral from Overweight and lowering our
