Nomura Downgrades Intelsat To Neutral

Analysts at Nomura downgraded

from Buy to Neutral. The price target for Intelsat has been lowered from $26.00 to $13.00. Intelsat shares have dropped 34.51% over the past 52 weeks, while the S&P 500 index has surged 14.22% in the same period. Intelsat's shares fell 2.01% to close at $13.19 on Friday.