Silver Spring Network downgraded to Neutral from Outperform at Credit Suisse Credit Suisse downgraded Silver Spring Networks following disappointing Q4 preliminary results. Price target cut to $23 from $26.
News For SSNI From The Last 14 Days
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Silver Spring Network outlook has improved, says Stifel After meeting with Silver Spring's (SSNI) management, Stifel is more upbeat on the company's positioning for additional international and domestic opportunities, and on its execution. The firm is not concerned about the impact of possible delays of the company's deployment in conjunction with American Electric (AEP). Stifel expects Silver Spring's EPS to reach 92c in 2016, and it keeps a $16 price target and Buy rating on Silver Spring.