Standpoint Research Downgrades Sanofi-Aventis (SNY) to Hold; Valuation Call

August 3, 2012 2:07 PM EDT
Get Alerts SNY Hot Sheet
Price: $39.05 -0.89%

Rating Summary:
    5 Buy, 9 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 37
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Standpoint Research downgraded Sanofi-Aventis (NYSE: SNY) from Buy to Hold.

Analyst, Ronnie Moas, said, "Sanofi shares have crossed our price target for 2012 and are nearing a four-year high. We can no longer leave our highest recommendation attached to this name now at a 52-week high, nearing an all-time high and 25% off the June 1 intra-day low."

For an analyst ratings summary and ratings history on Sanofi-Aventis click here. For more ratings news on Sanofi-Aventis click here.

Shares of Sanofi-Aventis closed at $40.02 yesterday.

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