UPDATE: Canaccord Genuity Downgrades Volcano Corporation Following Disappointing Q3 Trends
October 29, 2013 at 10:24 AM EDT
In a report published Tuesday, Canaccord Genuity analyst Jason R. Mills downgraded the rating on Volcano Corporation (NASDAQ: VOLC ) from Buy to Hold, and lowered the price target from $26.00 to $24.00. In the report, Canaccord Genuity noted, “Our upgrade of VOLC last quarter was predicated on the improving