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Shares of DG FastChannel (DGIT -12.2%) take a pounding after Piper Jaffray takes its rating down...

  • Thursday, November 17, 2011, 10:01 AM ET
    Shares of DG FastChannel (DGIT -12.2%) take a pounding after Piper Jaffray takes its rating down to Underperform from Neutral with a lowly price target of $11. DG was hit last week with an earnings disappointment and CEO shakeup, contributing to a loss of 30% from its share price over the last 5 trading sessions.
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