UPDATE: Deutsche Bank Downgrades MediaMind to Hold

Loading...
Loading...
Deutsche Bank is out with its report today on MediaMind
MDMD
, downgrading MDMD from Buy to Hold. In a note to clients, Deutsche Bank writes, "We are lowering our investment rating from Buy to Hold following yesterday's announcement that MediaMind has agreed to be purchased by DG FastChannel for $22 in cash per share. The transaction is expected to close sometime in 3Q 2011." At the time of posting, shares of MDMD were trading at $21.90, down 0.18% from Friday's close.
Posted In: Analyst ColorDowngradesAnalyst Ratings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...