Northland Securities Downgrades Numerex To Market Perform

Northland Securities downgraded Numerex Corp. (NASDAQ: NMRX) from Outperform to Market Perform.

The price target for Numerex has been lowered from $14.00 to $10.00.

Numerex shares have dropped 10.77 percent over the past 52 weeks, while the S&P 500 index has surged 10.96 percent in the same period.

Numerex shares fell 3.84 percent to close at $10.27 yesterday.