VeriSign to hold conf call regarding .com registry agreement Nov 30 VeriSign announced that it will hold a conference call on Friday, Nov. 30, 2012 at 8:30 a.m. ET to provide a status update on the .com registry agreement renewal. Shares of VeriSign are trading down 2% in the after hours.
VeriSign downgraded to Underperform from Neutral at Credit Suisse Credit Suisse downgraded VeriSign to Underperform due to relative valuation, expectations for slowing operating profit and EPS growth, and near-term risk to domain name growth. Price target remains $47.50.
VeriSign downgraded to Underweight from Neutral at JPMorgan JPMorgan downgraded VeriSign to Underweight saying new generic Top Level Domains are cannibalizing growth in .com. The firm sees a lack of near-term catalysts and keeps a $57.50 price target for shares.