Zacks Investment Research downgraded shares of GEEKNET INC (GKNT) from N/A to NEUTRAL on June 14, 2012, with a target price of $18.10.
Geeknet, Inc., previously known as SourceForge, Inc, owns and operates a network of media web properties serving the technology professional and enthusiast, and the software development and open source communities. The Company's network of web properties includes: SourceForge, Slashdot, ThinkGeek, Ohloh and freshmeat. Combining user-developed content and e-commerce, Geeknet is the global geek community's nexus for information exchange, merchandise, and open source software distribution. Its wholly-owned subsidiary, ThinkGeek, Inc., provides online sales of a variety of retail products of interest to these communities.
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