Presidio (PSDO) Rating Lowered to Sell at Zacks Investment Research

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Presidio (NASDAQ:PSDO) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research report issued on Wednesday.

According to Zacks, “Presidio, Inc. provides information technology services. The Company offers enterprise-class solutions, including advanced networking, data analytics and center modernization, hybrid and multi-cloud, cyber risk management, and enterprise mobility as well as a broad suite of professional services, including strategy, consulting, design and implementation. It serves healthcare, education, media and entertainment, retail, manufacturing and distribution and energy and utilities sectors. Presidio, Inc. is based in New York. “

Several other equities analysts also recently issued reports on the stock. BidaskClub downgraded shares of Presidio from a “buy” rating to a “hold” rating in a research note on Tuesday. SunTrust Banks assumed coverage on shares of Presidio in a research note on Tuesday, December 4th. They set a “buy” rating and a $17.00 price target for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and three…

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