Goldman Sachs Downgrades PSS World Medical (PSSI) to Sell

January 11, 2012 7:55 AM EST
Get Alerts PSSI Hot Sheet
Price: $28.92 --0%

Rating Summary:
    0 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded PSS World Medical (NASDAQ: PSSI) from Neutral to Sell with a price target of $21 (down from $24), suggesting 9% downside.

The firm cited high exposure to the consolidating physician practice, exposure to LTC headwinds, and lofty guidance goals.

For an analyst ratings summary and ratings history on PSS World Medical click here. For more ratings news on PSS World Medical click here.

Shares of PSS World Medical closed at $23.55 yesterday.


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