ThinkEquity, CL King Downgrade Natus Medical (BABY) Amid Outlook

October 10, 2011 2:33 PM EDT
Get Alerts BABY Hot Sheet
Price: $26.75 --0%

Rating Summary:
    2 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 9 | New: 13
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Shares of Natus Medical (Nasdaq: BABY) are bouncing off session lows despite two intraday downgrades from ThinkEquity and CL King.

The stock is currently down 9.7 percent following preliminary Q3 results and updated Q4 and FY11 guidance this morning.

ThinkEquity reduced its investment rating on Natus from Buy to Hold and cut its price target on the stock from $16 to $7. CL King downgraded the stock from Buy to Neutral and suspended its $14 price target.

To track all the market-moving analyst action on shares of Natus Medical following its outlook, visit our Analyst Ratings page.


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