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Goldman Sachs Upgrades Intrepid Potash (IPI) to Neutral

December 13, 2011 6:59 AM EST
Get Alerts IPI Hot Sheet
Price: $34.36 +1.66%

Rating Summary:
    3 Buy, 9 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 6 | New: 39
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Goldman Sachs upgraded Intrepid Potash (NYSE: IPI) from Sell to Neutral with a price target of $23, citing valuation was shares sold through their price target and valuation appropriate at a 10% discount to Potash Corp (NYSE: POT) on 2012 EV/EBITDA.

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 $20.99 yesterday.


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