Goldman Sachs Starts OpenTable (OPEN) at Neutral
Tweet
Share
E-mailGet Alerts OPEN Hot Sheet
Price: $3.64 -0.27%
Rating Summary:
4 Buy, 11 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 11 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs initiates coverage on OpenTable (NASDAQ: OPEN) with a Neutral rating and $44 price target.
"We believe OpenTable has one of the strongest competitive positions among Internet companies, with significant growth drivers available. However, we expect 2012 to be a year of continued investment that is not fully reflected in consensus forecasts," the firm said.
For an analyst ratings summary and ratings history on OpenTable click here. For more ratings news on OpenTable click here.
Shares of OpenTable closed at $37.52 yesterday.
"We believe OpenTable has one of the strongest competitive positions among Internet companies, with significant growth drivers available. However, we expect 2012 to be a year of continued investment that is not fully reflected in consensus forecasts," the firm said.
For an analyst ratings summary and ratings history on OpenTable click here. For more ratings news on OpenTable click here.
Shares of OpenTable closed at $37.52 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Opendoor raises $440M via convertible notes, buys back 5% of shares
- ICICI Securities Resumes Oberoi Realty Ltd (OBER:IN) at Buy (1)
- UBS Starts Schrodinger (SDGR) at Neutral
Create E-mail Alert Related Categories
New CoverageRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
