Canaccord Genuity lowered shares of Spectra7 Microsystems (CVE:SEV) from a speculative buy rating to a hold rating in a research report sent to investors on Friday morning. Canaccord Genuity currently has C$0.20 price target on the stock, down from their prior price target of C$0.50.
Separately, Eight Capital lowered their target price on shares of Spectra7 Microsystems from C$0.70 to C$0.35 in a report on Wednesday, March 7th.
Spectra7 Microsystems has a 52 week low of C$0.32 and a 52 week high of C$1.04.
Spectra7 Microsystems Inc is a Canada-based consumer connectivity company. The Company delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays.
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