NII Holdings (NASDAQ:NIHD) had its price target trimmed by Barclays Capital from $7.00 to $6.00 in a research note issued to investors on Monday, AnalystRatingsNetwork.com reports. The firm currently has an underweight rating on the stock.
NII Holdings (NASDAQ:NIHD) traded down 0.14% on Monday, hitting $6.90. 794,419 shares of the company’s stock traded hands. NII Holdings has a 52-week low of $4.11 and a 52-week high of $9.82. The stock has a 50-day moving average of $6.53 and a 200-day moving average of $6.68. The company’s market cap is $1.190 billion.
A number of other analysts have also recently weighed in on NIHD. Analysts at Morgan Stanley downgraded shares of NII Holdings (NASDAQ:NIHD) from an equal weight rating to an underweight rating in a research note to investors on Thursday, August 22nd. They now have a $4.00 price target on the stock. Separately, analysts at Citigroup Inc. initiated coverage on shares of NII Holdings (NASDAQ:NIHD) in a research note to investors on Wednesday, August 7th. They set a sell rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of NII Holdings (NASDAQ:NIHD) in a research note to investors on Wednesday, June 26th. They now have a $6.25 price target on the stock.
Six research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company has an average rating of Hold and an average price target of $6.46.
NII Holdings, Inc (NASDAQ:NIHD) is a holding company for the operations of Nextel Communications, Inc in selected International markets.
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