Haivision Systems (TSE:HAI – Free Report) had its price target lowered by Paradigm Capital from C$5.75 to C$5.25 in a report released on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.
A number of other equities analysts also recently commented on the stock. Acumen Capital downgraded shares of Haivision Systems from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$7.00 to C$5.25 in a research note on Thursday, January 16th. Canaccord Genuity Group downgraded shares of Haivision Systems from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$7.00 to C$5.50 in a research note on Thursday, January 16th.
Haivision Systems Trading Up 3.9 %
Insider Activity
In other news, Senior Officer Jean-Philippe Demers sold 8,000 shares of the company’s stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$4.80, for a total value of C$38,400.00. 40.74% of the stock is owned by insiders.
About Haivision Systems
Haivision Systems Inc provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Makito Series video encoders and decoders for end-to-end transport of secure and high-quality HD video; video transmitters and mobile encoders for video contribution over bonded unmanaged IP networks; Command 360, a software platform for real-time visualization of business-critical information; Haivision Kraken, a video transcoder for mission-critical ISR, situational awareness, and field monitoring applications; Haivision Hub for Government, a video network service for live and low latency video streaming between government agencies and public cloud delivery services; and Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV.
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