West Corp Downgraded to “Neutral” at Goldman Sachs Group Inc. (WSTC)
West Corp (NASDAQ:WSTC) was downgraded by investment analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
Separately, analysts at RBC Capital initiated coverage on shares of West Corp in a research note to investors on Friday, January 10th. They set an “outperform” rating and a $31.00 price target on the stock. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $27.08.
Shares of West Corp (NASDAQ:WSTC) traded down 0.55% on Thursday, hitting $25.28. 169,048 shares of the company’s stock traded hands. West Corp has a 52 week low of $18.38 and a 52 week high of $26.39. The stock’s 50-day moving average is $25.37 and its 200-day moving average is $23.40. The company has a market cap of $2.114 billion and a P/E ratio of 18.47.
West Corporation is a provider of technology-driven, communication services. The Company offers a broad portfolio of services, including conferencing and collaboration, unified communications, alerts and notifications, emergency communications, business process outsourcing and telephony / interconnect services.
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