Goldman Sachs Downgrades NetSpend (NTSP) to Neutral
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Price: $15.97 +0.06%
Rating Summary:
4 Buy, 15 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
4 Buy, 15 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade NTSP Now!
Goldman Sachs downgraded NetSpend (NASDAQ: NTSP) from Buy to Neutral and maintained their $10 price target, which suggest 5% upside.
The firm cited the lack of traction in the retailer distribution channel which limits growth.
For more ratings news on NetSpend click here and for the rating history of NetSpend click here.
Shares of NetSpend closed at $9.50 yesterday, with a 52 week range of $7.53-$16.21.
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The firm cited the lack of traction in the retailer distribution channel which limits growth.
For more ratings news on NetSpend click here and for the rating history of NetSpend click here.
Shares of NetSpend closed at $9.50 yesterday, with a 52 week range of $7.53-$16.21.
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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