Feltl and Company Downgrades xG Technology To Sell

Analysts at Feltl and Company downgraded xG Technology, Inc. (NASDAQ: XGTI) from Hold to Sell.

The price target for xG Technology has been lowered from $1.00 to $0.35.

xG Technology shares have dropped 40.51% over the past 52 weeks, while the S&P 500 index has gained 13.45% in the same period.

xG Technology's shares fell 15.21% to $0.80 at 12:20 p.m. ET.