Scient Corp. (Nasdaq: SCNT) rose 6 1/4 to 27 Friday following reports that analysts at William Blair & Co. upgraded the stock to strong buy from buy.
Scient, along with other Internet consultants, had declined after competitors IXL Corp. (Nasdaq: IXLC) and Viant Corp. (Nasdaq: VIAN) earlier in the week warned of losses for the quarter ending this month. The companies said many of their clients were cutting back on e-business spending.
Scient, a San Francisco, California-based e-business consultant, recently announced plans to repurchase up to $25 million worth of stock.
Loading ...
Social Media
See all Social Media