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Zix -2.4% on valuation-driven Craig-Hallum downgrade

Jun. 17, 2015 10:33 AM ETZix Corporation (ZIXI) StockZIXIBy: Eric Jhonsa, SA News Editor
  • Citing valuation, Craig-Hallum has downgraded Zix (NASDAQ:ZIXI) to Hold. Nonetheless, the firm has upped its target by $1 to $6 (13% above current levels).
  • The cloud e-mail encryption software provider was up 51% YTD going into today, aided by a broader rally in nearly anything cybersecurity-related.

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