Friday, April 13, 2007

Planar Systems shares hit new year-low on outlook cut

(Reuters) - The management is now likely to take more time to put the company into a growth trajectory "with potential bumps along the way, as evidenced by the second-quarter miss," Needham & Co. analyst James Ricchiuti said in a note to clients.

Ricchiuti downgraded the stock to "hold" from "buy".


Read more at Reuters.com Hot Stocks News

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