AVG Technologies Announces 1.6 Million Share Repurchase Program

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Go back to AVG Technologies Announces 1.6 Million Share Repurchase Program

High Investments Impacted AVG Technologies (AVG) EPS; Imperial Capital Cuts Price Target to $21

November 10, 2015 8:10 AM EST

Imperial Capital maintained an In-Line rating on AVG Technologies (NYSE: AVG), and cut the price target to $21.00 (from $26.00), following the company's 3Q15 earnings report. AVG reported 3Q15 revenue of $108mn and adjusted EPS of $0.42, compared with Street revenue estimates of $110mn and adjusted EPS... More