Wells Fargo Downgrades Georgia Gulf Corp. (GGC) to Market Perform
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Price: $54.58 --0%
Rating Summary:
1 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 9 | New: 8
Rating Summary:
1 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 9 | New: 8
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Wells Fargo downgraded Georgia Gulf Corp. (NYSE: GGC) from Outperform to Market Perform but raises its valuation range from $46-48 to $48-50.
The firm cited valuation after an impressive run supported by both positive sentiment surrounding a housing recovery and more recently, technical factors related to the mechanics of the PPG tender offer.
For an analyst ratings summary and ratings history on Georgia Gulf Corp. click here. For more ratings news on Georgia Gulf Corp. click here.
Shares of Georgia Gulf Corp. closed at $49.98 yesterday.
The firm cited valuation after an impressive run supported by both positive sentiment surrounding a housing recovery and more recently, technical factors related to the mechanics of the PPG tender offer.
For an analyst ratings summary and ratings history on Georgia Gulf Corp. click here. For more ratings news on Georgia Gulf Corp. click here.
Shares of Georgia Gulf Corp. closed at $49.98 yesterday.
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