Presidio Inc was Downgraded to a Hold Rating at Wells Fargo

Wells Fargo analyst Edward Caso downgraded Presidio Inc (NASDAQ: PSDO) to Hold today. The company’s shares closed yesterday at $15.45.

According to TipRanks.com, Caso is ranked #1773 out of 4798 analysts.

Presidio Inc has an analyst consensus of Moderate Buy.

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Based on Presidio Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $600K. In comparison, last year the company had a GAAP net loss of $15 million.

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Presidio, Inc. engages in the provision of information technology solutions. It also offers consulting deployment and integration; cloud and hosting; operating support; vendor maintenance; national field, financial, and telecom services; staff augmentation; and software lifecycle and asset management.