Capstone Cuts Ixia (XXIA) to Hold Following Q2 Warning

July 8, 2011 12:08 PM EDT
Get Alerts XXIA Hot Sheet
Price: $19.65 --0%

Rating Summary:
    1 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 8
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An analyst at Capstone Investments downgraded shares of Ixia (NASDAQ: XXIA) Buy to Hold Friday following a sharply lower Q2 outlook issued Thursday after the market close. The firm reduced its price target from $19 to $13.

Ixia shares are getting crushed this afternoon, now down nearly 24 percent to $9.90.

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


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