UniTek Global Services Upgraded to “Neutral” at Zacks (UNTK)
UniTek Global Services (NASDAQ:UNTK) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday, American Banking News reports. The firm currently has a $1.50 price objective on the stock. Zacks‘ target price suggests a potential upside of 4.17% from the stock’s previous close.
Shares of UniTek Global Services (NASDAQ:UNTK) traded down 2.78% on Wednesday, hitting $1.40. The stock had a trading volume of 4,950 shares. UniTek Global Services has a 52-week low of $0.95 and a 52-week high of $4.33. The stock has a 50-day moving average of $1.59 and a 200-day moving average of $1.93. The company’s market cap is $26.6 million.
UniTek Global Services, Inc formerly Berliner Communications, Inc (NASDAQ:UNTK), is a provider of permanently outsourced infrastructure services, offering a suite of technical services to the wireless and wireline telecommunications, satellite television and broadband cable industries in the United States and Canada.
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