Zacks Investment Research lowered shares of Electronics for Imaging, Inc. (NASDAQ:EFII) from a hold rating to a sell rating in a report released on Thursday, September 7th.
According to Zacks, “Electronics for Imaging, Inc. designs and markets products that support color and black-and-white printing on a variety of peripheral devices. Its products incorporate hardware and software technologies that transform digital copiers and printers from many leading copier manufacturers into fast, high-quality networked printers. The company’s products include stand-alone servers, which are connected to digital copiers and other peripheral devices, and controllers, which are embedded in digital copiers and desktop color laser printers. “
Other analysts have also recently issued reports about the company. Morgan Stanley cut Electronics for Imaging from an equal weight rating to an underweight rating in a research note on Friday, August 4th. ValuEngine raised Electronics for Imaging from a sell rating to a hold rating in a research note on Friday, June 2nd. William Blair reissued an outperform rating on shares of Electronics for Imaging in a research note on Wednesday, September 6th. Longbow Research cut Electronics for Imaging from a neutral rating to an underperform rating in a research note on Friday, August 4th. Finally, BidaskClub cut Electronics for Imaging from a buy rating to a hold rating in a research note on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $50.70.
Shares of Electronics for Imaging (NASDAQ EFII) traded up 3.09% during mid-day trading on Thursday, hitting $41.99. The stock had a trading volume of 272,170 shares. Electronics for Imaging has a 52 week low of $25.54 and a 52 week high of $51.15. The…