Gilford Securities Downgrades Entravision Communciation; Hold
Gilford Securities downgraded its Entravision Communication (NYSE: EVC) rating from Buy to Hold in a research report published today. Gilford Securities has previously given Entravision a $2 price target.
In the report, Gilford Securities states, "Cutting our rating from Buy to Hold on continuing sluggish ad trends in tough economy."
Shares of Entravision Communication closed today at $1.96, down 1.01% from Friday's market close.
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