8x8, Inc. EGHT — a provider of cloud phone, meeting collaboration and contact center solutions — reported Thursday afternoon with fourth-quarter results that fell short of expectations and prompted Bank of America Merrill Lynch to drop its bullish stance. The Analyst Bank of America's Nikolay Beliov downgraded 8x8 from Buy to Neutral with a price target lifted from $22 to $23. SourceDownside still holds. $EGHT, 8x8 Inc / D