SGI was flying yesterday , over $15. Now today (on a good market day overall) it's all the way down to $13.50. What has changed in the last 24 hours to warrant this gigantic drop (and on good earnings). Thoughts?
Sterne Agee lowered their price target on shares of Silicon Graphics International Corp (NASDAQ: SGI) from $20.00 to $18.00 in a research note issued on Thursday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock.