Breaking News Instant updates and real-time market news.

TYPE

Monotype Imaging

$19.75

-0.15 (-0.75%)

07:55
11/30/16
11/30
07:55
11/30/16
07:55

Monotype Imaging to host investor day

Investor Day to be held in New York on November 30 at 8:30 am. Webcast Link

  • 30

    Nov

TYPE Monotype Imaging
$19.75

-0.15 (-0.75%)

07/21/16
DOTC
07/21/16
NO CHANGE
DOTC
Buy
Monotype drops reflects lack of details more than hatred of deal, says Dougherty
The sharp drop in shares of Monotype Imaging after the company announced it plans to acquire privately-held Olapic for $130M is " not so much a reflection that investors hate the acquisition," as it is about the "information vacuum" left by the company, which offered few financial details on either the degree of dilution or the current state of the core business, according to Dougherty analyst Steven Frankel. While the $130M price tag looks "steep," Frankel recommends patience ahead of the company's earnings call next week and keeps a Buy rating and $30 price target on Monotype shares, which are down nearly 20% to $19.96.
05/25/16
LTCO
05/25/16
INITIATION
Target $29
LTCO
Buy
Monotype Imaging initiated with a Buy at Ladenburg
Target $29.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.