Goldman Sachs Downgrades Intrepid Potash (IPI) to Sell, Sees Risk to EPS
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Price: $37.60 -0.21%
Rating Summary:
4 Buy, 9 Hold, 8 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
Rating Summary:
4 Buy, 9 Hold, 8 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Goldman Sachs downgraded Intrepid Potash (NYSE: IPI) from Neutral to Sell with a price target of $21, suggesting 18% downside.
The firm said their chief concern is the potential for downward Street EPS revision. Goldman's 2012 EPS estimate is $1.29, 19% below consensus.
For an analyst ratings summary and ratings history on Intrepid Potash click here. For more ratings news on Intrepid Potash click here.
Shares of Intrepid Potash closed at $25.23 yesterday.
The firm said their chief concern is the potential for downward Street EPS revision. Goldman's 2012 EPS estimate is $1.29, 19% below consensus.
For an analyst ratings summary and ratings history on Intrepid Potash click here. For more ratings news on Intrepid Potash click here.
Shares of Intrepid Potash closed at $25.23 yesterday.
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