Goldman Sachs Downgrades Solera Holdings (SLH) to Sell

October 20, 2011 7:47 AM EDT
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Price: $55.84 --0%

Rating Summary:
    3 Buy, 5 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 15 | New: 9
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Goldman Sachs downgraded Solera Holdings (NYSE: SLH) from Neutral to Sell with a price target of $47, suggesting 13% downside.

The firm cited high valuation, 64% revenue exposure to Europe, lower claims volume, and flatter incremental margins.

For more ratings news on Solera Holdings click here and for the rating history of Solera Holdings click here.

Shares of Solera Holdings closed at $52.79 yesterday.


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