Dynamics Research Corporation’s (DRCO) Coverage Initiated With Hold Rating
By Benzinga Staff
March 16, 2010 2:29 PM
March 16, 2010 2:29 PM
Symbols: DRCO
Analyst Alex Hamilton at C.K. Cooper & Company has initiated coverage of Dynamics Research Corporation (NASDAQ: DRCO) with Hold rating.
The company has been trying to advance beyond headwinds from business mix shift and overall poor performance, according to C.K. Cooper. Although the company’s management has worked through the headwinds, organic growth still seems lag relative to its peers.
According to C.K. Cooper, the main risks facing Dynamics Research Corporation include its small size, change in government priorities, and competition.
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