UPDATE: BMO Capital Markets Downgrades Acxiom to Market Perform on Revenue Visibility
Posted on January 31, 2013 at 11:13 AM EST
BMO Capital Markets downgraded Acxiom (NASDAQ: ACXM ) from Outperform to Market Perform and maintained a $20.00 price target. BMO Capital Markets commented, "We believe Acxiom's executive hires, cost efficiencies, capital returns, and strategic vision have been excellent since CEO Howe joined in July 2011. However, we have maintained