Jefferies Financial Group Cuts Linx (NASDAQ:LINX) Price Target to $10.00
Linx (NASDAQ:LINX) had its target price decreased by Jefferies Financial Group to $10.00 in a research report released on Thursday morning, The Fly reports. Jefferies Financial Group currently has a buy rating on the stock.
Separately, Zacks Investment Research lowered Linx from a hold rating to a sell rating in a research note on Tuesday, October 15th.
Linx stock traded down $0.02 during mid-day trading on Thursday, reaching $7.08. 246,400 shares of the company were exchanged, compared to its average volume of 285,309. The firm’s fifty day simple moving average is $8.14. Linx has a 12 month low of $6.59 and a 12 month high of $9.60.
Linx SA, through its subsidiaries, provides management software solutions for the retail market in Brazil and internationally. It offers enterprise resource planning, and point of sale or point of service (POS) management software; and connectivity, electronic fund transfer, e-commerce, and customer relationship management solutions.
See Also: What is the Hang Seng index?
Receive News & Ratings for Linx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linx and related companies with MarketBeat.com's FREE daily email newsletter.