Jefferies Downgrades Conversant To Hold

Analysts at Jefferies downgraded Conversant

from Buy to Hold. The target price for Conversant has been raised from $28 to $35. Conversant shares have surged 17.41% over the past 52 weeks, while the S&P 500 index has gained 18.65% in the same period. Conversant's shares jumped 31.22% to $35.05 in after-hours trading.