Goldman Sachs Downgrades Worthington Industries (WOR) to Sell
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Price: $62.49 +1.99%
Rating Summary:
3 Buy, 6 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 9 | Down: 7 | New: 5
Rating Summary:
3 Buy, 6 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 9 | Down: 7 | New: 5
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Goldman Sachs downgraded Worthington Industries (NYSE: WOR) from Neutral to Sell with a 6-month price target of $14 (down from $24), suggesting 14% downside.
The firm cited: High flat steel exposure; Pressure cylinder business to weaken; Valuations appear very rich.
For more ratings news on Worthington Industries click here and for the rating history of Worthington Industries click here.
Shares of Worthington Industries closed at $16.69 yesterday.
The firm cited: High flat steel exposure; Pressure cylinder business to weaken; Valuations appear very rich.
For more ratings news on Worthington Industries click here and for the rating history of Worthington Industries click here.
Shares of Worthington Industries closed at $16.69 yesterday.
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