Credit Suisse Downgrades Borderfree To Neutral

Analysts at Credit Suisse downgraded Borderfree Inc BRDR from Outperform to Neutral. The price target for Borderfree has been raised from $13.00 to $14.00. Borderfree shares have dropped 47.65 percent over the past 52 weeks, while the S&P 500 index has surged 11.25 percent in the same period. Borderfree shares rose 102.06 percent to $13.72 in after-hours trading.