Jonathan Chappell of Evercore Partners on Monday slapped the Nasdaq-quoted stock with an “equal-weight” rating and lowered his price target to $11.00 from $12.00.

In a note to clients the researcher pointed out that the company pre-announced earnings of $0.12 to $0.13 per share for the second-quarter of 2014, which is well below the range that many Wall Street forecasters had expected for this period.

While