Goldman Sachs Downgrades Dana Holding (DAN) to Neutral

April 26, 2012 6:59 AM EDT
Get Alerts DAN Hot Sheet
Price: $30.35 +0.07%

Rating Summary:
    11 Buy, 10 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 4 | New: 7
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Goldman Sachs downgraded Dana Holding (NYSE: DAN) from Buy to Neutral with a price target of $18 (down from $19).

The firm sees downside risk to the company's current EBITDA guidance on the back of softening data points on NA truck demand and as international builds likely remain weak particularly in Brazil and China.

For an analyst ratings summary and ratings history on Dana Holding click here. For more ratings news on Dana Holding click here.

Shares of Dana Holding closed at $15.21 yesterday.


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