Goldman Sachs Downgrades Ethan Allen Interiors (ETH) to Sell
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Price: $31.86 -1.33%
Rating Summary:
1 Buy, 2 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 43 | New: 13
Rating Summary:
1 Buy, 2 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 43 | New: 13
Trade ETH Now!
Goldman Sachs downgraded Ethan Allen Interiors (NYSE: ETH) from Neutral to Sell, but raised their price target from $15 to $19.
The firm sees downside as the stock has one of the highest multiples in the group and they also expects a moderation in revenue growth.
For more ratings news on Ethan Allen Interiors click here and for the rating history of Ethan Allen Interiors click here.
Shares of Ethan Allen Interiors closed at $22.82 yesterday, with a 52 week range of $12.35-$25.40.
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The firm sees downside as the stock has one of the highest multiples in the group and they also expects a moderation in revenue growth.
For more ratings news on Ethan Allen Interiors click here and for the rating history of Ethan Allen Interiors click here.
Shares of Ethan Allen Interiors closed at $22.82 yesterday, with a 52 week range of $12.35-$25.40.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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