- Raymond James analyst Ric Prentiss downgraded Shenandoah Telecommunications Co SHEN to Underperform from Market Perform.
- The downgrade came after the stock price rose 24% over the past two trading days despite no change in the firm's opinion of the company's fundamental value.
- Recently, the company's shares surged when it declared a special dividend of $18.75 per share.
- The stock gained 26% last week.
- Price action: SHEN shares traded lower by 7.20% at $56.73 in the market session on the last check Wednesday.
SHENShenandoah Telecommunications Co
$11.90-2.30%
Edge Rankings
Momentum19.18
Growth0.39
Quality-
Value73.04
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
