Aware Falls 18.6% on Downgrade
Aware (AWRE - Get Report) was down 18.6% in midafternoon trade after Robertson Stephens downgraded it to outperform from buy. The maker of high-speed Internet access technology posted better-than-expected earnings Tuesday, but Robertson Stephens set a 12-month price target of $21, just above Tuesday's closing price of 20.88.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts