Goldman Sachs Resumes Demand Media (DMD) at Neutral

December 14, 2011 8:09 AM EST
Get Alerts DMD Hot Sheet
Price: $6.35 --0%

Rating Summary:
    8 Buy, 7 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 29 | Down: 30 | New: 23
Trade DMD Now!
Join SI Premium – FREE
Goldman Sachs resumes coverage on Demand Media (NYSE: DMD) with a Neutral. PT $8.00.

The firm notes the company is in the process of refocusing its core content creation business, amid the search algorithm changes at Google. This process will likely lead to near-term revenue growth and margins below the current consensus.

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

Shares of Demand Media closed at $7.73 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

New Coverage

Related Entities

Goldman Sachs

Add Your Comment