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Investment analysts at Stifel Nicolaus began coverage on shares of Speed Commerce (NASDAQ:SPDC) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

Separately, analysts at Zacks downgraded shares of Speed Commerce from a “neutral” rating to an “underperform” rating in a research note on Friday, August 8th. They now have a $2.50 price target on the stock.

Shares of Speed Commerce (NASDAQ:SPDC) opened at 2.80 on Wednesday. Speed Commerce has a 1-year low of $2.45 and a 1-year high of $4.84. The stock has a 50-day moving average of $3. and a 200-day moving average of $3.53. The company’s market cap is $183.2 million.

Speed Commerce (NASDAQ:SPDC) last released its earnings data on Monday, June 16th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.05. Analysts expect that Speed Commerce will post $0.08 EPS for the current fiscal year.

Speed Commerce, Inc, formerly Navarre Corporation, is a distributor and provider of complete logistics solutions to traditional and Internet-based retailers.

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