Deutsche Bank Downgrades ChannelAdvisor To Hold

Analysts at Deutsche Bank downgraded

from Buy to Hold. The price target for ChannelAdvisor has been lowered from $22 to $16. ChannelAdvisor shares have dropped 53.74% over the past 52 weeks, while the S&P 500 index has surged 10.30% in the same period. ChannelAdvisor's shares dipped 30.31% to $14.74 in pre-market trading.