Welcome | Sign In
LinuxInsider.com
News

Stock Watch: Analyst Upgrade Lifts Scient

Stock Watch: Analyst Upgrade Lifts Scient

Scient Corp. (Nasdaq: SCNT) rose 6 1/4 to 27 Friday following reports that analysts at William Blair & Co. upgraded the stock to strong buy from buy.

Scient, along with other Internet consultants, had declined after competitors IXL Corp. (Nasdaq: IXLC) and Viant Corp. (Nasdaq: VIAN) earlier in the week warned of losses for the quarter ending this month. The companies said many of their clients were cutting back on e-business spending.

Scient, a San Francisco, California-based e-business Get Whitepaper: Simple Strategies for Enhancing eCommerce Profitability consultant, recently announced plans to repurchase up to $25 million worth of stock.


Print Version E-Mail Article Reprints More by Nora Macaluso


Network Monitoring Software - OpManager
One tool to manage your complete IT
ManageEngine
ECT News Network Information
Reader Services
Corporate
ECT News Network