Goldman Sachs Downgrades Neustar (NSR) to Neutral

May 20, 2013 8:21 AM EDT Send to a Friend
Get Alerts NSR Hot Sheet
Price: $22.83 +2.61%

Rating Summary:
    4 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 19 | New: 16
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Goldman Sachs downgraded Neustar (NYSE: NSR) from Buy to Neutral with a price target of $50.00 on limited near-term upside.

The analyst comments, "We believe the market has acknowledged the significant potential that NSR would win the NPAC re-compete contract. Similarly, improved macro conditions reduce the model’s relative investment positioning, and numerous capital allocation initiatives appear to be factored into valuation."

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

Shares of Neustar closed at $47.98 yesterday.

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