Goldman Sachs Downgrades Bankrate (RATE) to Neutral
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Price: $17.32 --0%
Rating Summary:
2 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
Rating Summary:
2 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
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Goldman Sachs downgraded Bankrate (NYSE: RATE) from Buy to Neutral with a price target of $25 (down from $27), citing valuation.
"Though there are essentially no changes to our outlook for the company or our estimates, relative price moves have created more attractive risk/reward propositions in the space," the firm said.
For an analyst ratings summary and ratings history on Bankrate click here. For more ratings news on Bankrate click here.
Shares of Bankrate closed at $19.34 yesterday.
"Though there are essentially no changes to our outlook for the company or our estimates, relative price moves have created more attractive risk/reward propositions in the space," the firm said.
For an analyst ratings summary and ratings history on Bankrate click here. For more ratings news on Bankrate click here.
Shares of Bankrate closed at $19.34 yesterday.
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