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DMRC

Digimarc

$26.35 /

-0.69 (-2.55%)

08:57
02/27/20
02/27
08:57
02/27/20
08:57

Digimarc downgraded to Hold at Craig-Hallum after mixed quarter, soft bookings

As previously reported, Craig-Hallum analyst Jeff Van Rhee downgraded Digimarc to Hold from Buy with a price target of $24, down from $75. The analyst notes that the company's reported quarter was mixed at best and bookings were soft, with a large customer not renewing as expected. Further, Van Rhee argues that progress has been "exceedingly slow" for Digimarc.

DMRC Digimarc
$26.35 /

-0.69 (-2.55%)

02/27/20 Craig-Hallum
Digimarc downgraded to Hold from Buy at Craig-Hallum
09/27/19 Northland
Digimarc solution being tested by P&G, other CPG companies, says Northland
09/12/19 Northland
Digimarc initiated with an Outperform at Northland
05/30/19 Needham
Digimarc downgraded to Hold at Needham on valuation

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