Goldman Sachs Calls OpenTable (OPEN) Fairly Valued
Goldman Sachs today maintained a Neutral rating on OpenTable (NASDAQ: OPEN) and raised its price target to $55.00 (from $52.00). Yesterday Open Table, Inc. (NASDAQ: OPEN) reported Q4 results that were in-line with consensus, with mixed guidance.
Analyst Heath P. Terry said, "With the stock trading above the sector average, despite more modest growth, we believe shares are fairly valued barring sustained reacceleration in revenue growth."
For an analyst ratings summary and ratings history on OpenTable (NASDAQ: OPEN) click here. For more ratings news on OpenTable click here.
Shares of OpenTable closed at $49.31 yesterday, with a 52 week range of $33.53-$55.95.
Analyst Heath P. Terry said, "With the stock trading above the sector average, despite more modest growth, we believe shares are fairly valued barring sustained reacceleration in revenue growth."
For an analyst ratings summary and ratings history on OpenTable (NASDAQ: OPEN) click here. For more ratings news on OpenTable click here.
Shares of OpenTable closed at $49.31 yesterday, with a 52 week range of $33.53-$55.95.