Coinstar (CSTR) Shares Fall as Analyst Restarts at Sell

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July 16, 2012 9:50 AM EDT
Get Alerts CSTR Hot Sheet
Price: $20.10 --0%

Rating Summary:
    4 Buy, 11 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Coinstar (NASDAQ: CSTR) are under pressure Monday morning as an analyst at Monness, Crespi, Hardt resumed coverage on the stock with a Sell rating earlier.

The negative rating follows a more than 13 percent decline in shares of Coinstar over just the last six trading sessions. Shares plunged about 8 percent on Friday following a second-quarter preview and comments from an analyst at Dougherty. The firm's Steve Frankel is concerned with a number of questions which remain related to the company.

The stock is down 2.9 percent to $62.20 at last check.

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

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