Goldman Sachs Downgrades West Corp (WSTC) to Neutral

Goldman Sachs downgraded West Corp (NASDAQ: WSTC) from Buy to Neutral with a price target of $35 as they see less upside relative to peers.

Analyst James Schneider noted: 1. Conferencing client attrition and structural industry challenges likely to dampen margins; 2. Weaker international revenues will likely continue to be a headwind; 3. Valuation gap vs. peers has narrowed.

For an analyst ratings summary and ratings history on West Corp click here. For more ratings news on West Corp click here.

Shares of West Corp closed at $33.11 yesterday.

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