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| Home
> Web Hosting News Archive >
September > Web Hosting News
Releases
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| Interland
shares suffer from Kaufman downgrade [18th
September 2003]
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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