B. Riley Cuts Epicor Software (EPIC) to Neutral

April 5, 2011 3:36 PM UTC
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Price: $12.50 --0%

Rating Summary:
    0 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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An analyst at B. Riley downgraded shares of Epicor Software (NASDAQ: EPIC) following Monday's $12.50 per share cash offer from Apax Partners. Epicor shares surged nearly 12 percent on Monday.

B. Riley cut its investment rating on the stock from Buy to Neutral, and also reduced the price target from $13.25 to $12.50.

For more ratings news on Epicor Software click here and for the rating history of Epicor Software click here.


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B. Riley, Apax Partners