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UPDATE: CRT Downgrades Verint Systems
Thursday, November 13, 2014 - 12:48pm | 214CRT Capital downgraded Verint Systems Inc. (NASDAQ: VRNT) Thursday from Buy to Fair Value and maintained a $60 price target. Analysts Brian Ruttenbur and Corey Allen indicated that “shares are fully valued, in our view, trading at 17.6x FY 2015 pro forma EPS.” Ruttenbur noted that...
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UPDATE: CRT Capital Upgrades L-3 Communications
Monday, October 13, 2014 - 5:20pm | 156L-3 Communications Holdings, Inc. (NYSE: LLL) was upgraded to Fair Value by CRT Capital on Monday with the price target raised from $90 to $115. Analysts Brian Ruttenbur and Corey Allen felt that "while additional fines and penalties are possible as well as increased expenses to upgrade...
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UPDATE: CRT Initiates Coverage On ORBCOMM Inc
Tuesday, September 30, 2014 - 11:36am | 227CRT on Tuesday initiated coverage on ORBCOMM Inc (NASDAQ: ORBC) with a Buy rating and $9 price target. Analysts Brian Ruttenbur and Corey Allen felt that ORBCOMM is “extremely well-positioned for growth” in the Machine-to-Machine (M2M) market as a leading provider with “...