Goldman Sachs Starts OpenTable (OPEN) at Neutral
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Price: $3.64 -0.27%
Rating Summary:
4 Buy, 11 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 11 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on OpenTable (NASDAQ: OPEN) with a Neutral rating and $44 price target.
"We believe OpenTable has one of the strongest competitive positions among Internet companies, with significant growth drivers available. However, we expect 2012 to be a year of continued investment that is not fully reflected in consensus forecasts," the firm said.
For an analyst ratings summary and ratings history on OpenTable click here. For more ratings news on OpenTable click here.
Shares of OpenTable closed at $37.52 yesterday.
"We believe OpenTable has one of the strongest competitive positions among Internet companies, with significant growth drivers available. However, we expect 2012 to be a year of continued investment that is not fully reflected in consensus forecasts," the firm said.
For an analyst ratings summary and ratings history on OpenTable click here. For more ratings news on OpenTable click here.
Shares of OpenTable closed at $37.52 yesterday.
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