ValuEngine Lowers Raven Industries (NASDAQ:RAVN) to Hold
Raven Industries (NASDAQ:RAVN) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday, December 24th, ValuEngine reports.
Several other equities research analysts also recently commented on RAVN. BidaskClub downgraded shares of Raven Industries from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 21st. National Securities restated a “hold” rating and issued a $36.00 target price on shares of Raven Industries in a research note on Wednesday, November 27th.
Raven Industries stock traded down $0.09 on Tuesday, hitting $34.94. The company’s stock had a trading volume of 9,757 shares, compared to its average volume of 197,000. The firm has a market cap of $1.22 billion, a P/E ratio ...