Goldman Sachs Downgrades KiOR, Inc. (KIOR) to Neutral

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November 18, 2011 6:51 AM EST
Get Alerts KIOR Hot Sheet
Price: $0.14 --0%

Rating Summary:
    4 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Goldman Sachs downgraded KiOR, Inc. (NASDAQ: KIOR) from Buy to Neutral with a price target of $16, citing valuation after strong relative outperformance and just limited upside to their price target.

The firm sees more upside in Cree (Nasdaq: CREE) and Universal Display (Nasdaq: PANL), which were both initiated at Buy today.

For an analyst ratings summary and ratings history on KiOR, Inc. click here. For more ratings news on KiOR, Inc. click here.

Shares of KiOR, Inc. closed at $14.97 yesterday.

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