BidaskClub lowered shares of Internap (NASDAQ:INAP) from a hold rating to a sell rating in a research note issued to investors on Monday.
Several other brokerages have also issued reports on INAP. ValuEngine lowered shares of Internap from a hold rating to a sell rating in a research report on Friday, December 1st. Zacks Investment Research lowered shares of Internap from a hold rating to a sell rating in a research report on Wednesday, January 3rd. Finally, Benchmark reiterated a buy rating and set a $28.00 target price on shares of Internap in a research report on Tuesday, January 30th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of Buy and an average target price of $24.25.
Shares of Internap (NASDAQ:INAP) opened at $13.11 on Monday. Internap has a 1 year low of $6.76 and a 1 year high of $22.36. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 107.36.
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Internap Corporation is a technology provider of Internet infrastructure. The Company provides Internet infrastructure through both Colocation Business and Enterprise Services and Cloud Services. The Company operates through two segments: Data Center and Network Services, and Cloud and Hosting Services.
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