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Enter Symbol:
Rating: BBOX
down 50.00 %

Black Box Corporation (NASDAQ: BBOX) downgraded to Neutral by Sidoti

Wednesday,  Jan 27, 2016  12:25 PM ET by Kristen Bailey

The Sidoti advised against investing in this stock and the price has fallen for a loss. The price fell from $15.38 on 08/04/2015 to $7.65 on 01/27/2016. Sidoti
downgraded Black Box Corporation (NASDAQ: BBOX) to Neutral with today's price of $7.65. Sidoti rated Black Box Corporation (NASDAQ: BBOX) to Buy on 08/04/2015, when the price was $15.38. Black Box Corporation's stock price lost 50% since then.
By following the previous Sidoti's recommendation on BBOX, you would have lost 50% in 176 days.

Black Box Corporation (Black Box) is a network infrastructure services provider. Black Box offers one-source network infrastructure services for communication systems. The Company?s service offerings include design, installation, integration, monitoring and maintenance of voice, data and integrated communication systems. The Company?s primary service offering is voice solutions. The Company also offers premise cabling and other data-related services and products. The Company provides around the clock technical support for all of its solutions, which encompass all voice and data product manufacturers, as well as 118,000 network infrastructure products (Hotline products) that it sells through its catalog and Internet Website and its Voice Services and Data Services (collectively On-Site services) offices. In October 2009, it acquired Quanta Systems, LLC. In addition, in October 2009, Black Box Corporation announced the acquisition of CBS Technologies Corp.


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