Market Overview

UPDATE: Stifel Nicolaus Downgrades GSI Commerce to Hold (GSIC)


Stifel Nicolaus is out with its report today on GSI Commerce (NASDAQ: GSIC), downgrading shares of GSIC from Buy to Hold.

In a note to clients, Stifel Nicolaus writes, "We are shifting our rating on shares of GSIC from a Buy to Hold to reflect a diminished likelihood of a counteroffer to top the cash offer to acquire GSIC from EBAY. The solicitation period for alternative acquisition proposals, or 'go-shop' period, expired on Friday, May 6th."

At the time of posting, shares of GSIC were trading pre-market at $29.06, down 0.31% from Friday's close.

Posted-In: gsi commerce Stifel NicolausAnalyst Color Downgrades Analyst Ratings


Related Articles (GSIC)

View Comments and Join the Discussion!

Latest Ratings

WEEDMKM PartnersMaintains30.0
NKTRH.C. WainwrightMaintains32.0
GOODNational SecuritiesInitiates Coverage On25.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Gabelli & Company Reports on Gray Television (GTN)

Retail Earnings: A Sneak Peek (KSS, JWN, WMT, TGT, HD)