Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Acacia Research Corporation (NASDAQ:ACTG) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Acacia Research Corporation (NASDAQ:ACTG). According to the latest broker reports outstanding on Monday 9th of May, 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

01/05/2016 – Acacia Research Corporation was downgraded to “underweight” by analysts at Barclays. They now have a USD 4 price target on the stock.

12/23/2015 – Acacia Research Corporation had its “buy” rating reiterated by analysts at Lake Street. They now have a USD 6.5 price target on the stock.

12/22/2015 – Acacia Research Corporation was downgraded to “market perform” by analysts at Northland Securities.

04/23/2015 – Acacia Research Corporation had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 20 price target on the stock.

02/20/2015 – Acacia Research Corporation had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 15 price target on the stock.

02/20/2015 – Acacia Research Corporation was downgraded to “underperform” by analysts at Zacks. They now have a USD 12.6 price target on the stock.

07/29/2014 – Acacia Research Corporation had its “equal weight” rating reiterated by analysts at Robert W. Baird. They now have a USD 19 price target on the stock.

04/21/2014 – Cantor Fitzgerald began new coverage on Acacia Research Corporation giving the company a “buy” rating.

10/18/2013 – Acacia Research Corporation was downgraded to “underweight” by analysts at Stephens.

The share price of Acacia Research Corporation (NASDAQ:ACTG) was up +1.31% during the last day of trading, with a day high of 4.70. 364332 shares were traded during the last session.

The stock’s 50 day moving average is 4.15 and its 200 day moving average is 4.62. The stock’s market capitalization is 230.34M. Acacia Research Corporation has a 52-week low of 2.82 and a 52-week high of 10.69.

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