, Tracking Stock Market Picks
Enter Symbol:
Rating: AVID
down 44.00 %

Avid Technology, Inc. (NASDAQ: AVID) downgraded to Neutral by Dougherty & Company

Tuesday,  Aug 11, 2015  12:25 PM ET by Betsy O'Brien Harrison

Dougherty & Company downgraded Avid Technology, Inc. (NASDAQ: AVID) to Neutral. Previously Dougherty & Company downgraded to Avid Technology, Inc. (NASDAQ: AVID) to Buy
with price target $18 on 01/13/2015, when the stock price was $14.85. Since then, Avid Technology, Inc.'s stock price has lost 44% as of 08/11/2015's recent price of $8.30.
If you would have followed the previous Dougherty & Company 's recommendation on AVID, you would have lost 44% of your investment in 210 days.

Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT

RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy