Goldman Sachs Downgrades SandRidge Energy (SD) to Sell

November 10, 2011 7:00 AM EST
Get Alerts SD Hot Sheet
Price: $14.32 --0%

Rating Summary:
    2 Buy, 13 Hold, 11 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 11 | New: 25
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Goldman Sachs downgraded SandRidge Energy (NYSE: SD) from Neutral to Sell with a price target of $7 (down from $8).

The firm said valuation is challenged and they see little upside to their bullish oil outlook.

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

Shares of SandRidge Energy closed at $7.22 yesterday.


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