Goldman Sachs Downgrades Covance (CVD) to Neutral

Goldman Sachs downgraded Covance (NYSE: CVD) from Buy to Neutral with a price target of $46, down from $54. The firm cited unstable trends, greater opex push growth out.

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

Shares of Covance closed at $47.15 yesterday, with a 52 week range of $42.79-$63.28.

---

Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!

You May Also Be Interested In

• UPDATE: UBS Downgrades Wisconsin Energy (WEC) to Neutral; Taking Some Off The Table
• Caris & Co. Downgrades Viacom (VIA) to Above Average
• Barclays on U.S. REITs: Best Ideas List: Adding HPP; Removing ARE

Create E-mail Alert Related Categories

Downgrades

Related Entities

Goldman Sachs

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter