Imperial Capital Downgrades Nautilus (NLS) to In-Line

September 19, 2016 6:39 AM EDT
Get Alerts NLS Hot Sheet
Price: $16.00 -1.54%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Imperial Capital downgraded Nautilus (NYSE: NLS) from Outperform to In-Line and maintains a price target of $26.00, citing valuation.

Analyst George Kelly commented, "With the stock having appreciated by 41% since we initiated coverage on 7/6/16, on relatively flat IC and consensus estimates, we believe the risk/reward profile is now less attractive. We are leaving our estimates unchanged."

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

Shares of Nautilus closed at $24.99 yesterday.

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