Goldman Sachs Downgrades Petsmart (PETM) to Neutral

September 8, 2008 7:33 AM EDT

Goldman Sachs downgrades Petsmart Inc. (Nasdaq: PETM) from Buy to Neutral. The stock was also removed from Goldman's Conviction Buy List.

Petsmart closed at $28 on Friday with a 52-week range of $18.75 - $35.01.

PetSmart, Inc. provides products, services, and solutions for pets in North America


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PETM 21.27

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