Goldman Sachs Downgrades Copart (CPRT) to Sell

January 30, 2012 8:04 AM EST
Get Alerts CPRT Hot Sheet
Price: $29.01 -1.33%

Rating Summary:
    9 Buy, 11 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 18 | New: 6
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Goldman Sachs downgraded Copart (NASDAQ: CPRT) from Neutral to Sell with a price target of $46.

The firm cited high valuation despite peaking end market and decelerating earnings growth.

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

Shares of Copart closed at $47.54 yesterday.


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