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Industry Press Releases >> Interland shares suffer from Kaufman downgrade
18/9/2003 - Interland shares suffer from Kaufman downgrade
NEW YORK (CBS.MW) -- Interland (INLD) shares lost more than 9 percent to $8.74 after Kaufman Bros. lowered its rating on the company to "hold" from "buy," and dropped its price target to $10 from $25. The firm said it believes revenue growth and churn stabilization for the Atlanta-based provider of Web hosting services will take longer than expected.
By Michael Baron
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