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UDPATE: Topeka Capital Markets Downgrades VASCO Data Security to Hold

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Topeka Capital Markets has published a research report on VASCO Data Security International (NASDAQ: VDSI) and has downgraded the company from Buy to Hold.

In the report, Topeka Capital Markets wrote, "With 3Q preliminary results well below consensus and full year guidance well below prior estimates, we are making significant downward revisions to our 2012/2013 estimates. As a result, we are reducing our rating to Hold from Buy based on a reduction in our price target from $12 to $7."

VASCO Data Security is currently trading up 0.41 percent from Tuesday's $7.34 closing price.

Latest Ratings for VDSI

DateFirmActionFromTo
Jun 2015Tigress FinancialInitiates Coverage onBuy
Jun 2015Standpoint ResearchInitiates Coverage onBuy
Apr 2014Topeka CapitalMaintainsBuy

View More Analyst Ratings for VDSI
View the Latest Analyst Ratings

Posted-In: Topeka Capital MarketsAnalyst Color Downgrades Analyst Ratings

 

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