Goldman Sachs Upgrades Standard Motor Products, Inc. (SMP) to Neutral

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April 16, 2012 6:55 AM EDT
Get Alerts SMP Hot Sheet
Price: $38.94 +0.80%

Rating Summary:
    5 Buy, 1 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Standard Motor Products, Inc. (NYSE: SMP) from Sell to Neutral with a price target of $17, following the 34% downside since their downgrade. Shares are now fairly valued, according to the firm.

For an analyst ratings summary and ratings history on Standard Motor Products, Inc. click here. For more ratings news on Standard Motor Products, Inc. click here.

Shares of Standard Motor Products, Inc. closed at $15.20 yesterday.

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