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Goldman Sachs Downgrades Intrepid Potash (IPI) to Sell, Sees Risk to EPS

January 31, 2012 7:06 AM EST
Get Alerts IPI Hot Sheet
Price: $38.98 +1.83%

Rating Summary:
    4 Buy, 9 Hold, 8 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs downgraded Intrepid Potash (NYSE: IPI) from Neutral to Sell with a price target of $21, suggesting 18% downside.

The firm said their chief concern is the potential for downward Street EPS revision. Goldman's 2012 EPS estimate is $1.29, 19% below consensus.

For an analyst ratings summary and ratings history on Intrepid Potash click here. For more ratings news on Intrepid Potash click here.

Shares of Intrepid Potash closed at $25.23 yesterday.


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