CL King Starts NetSuite (N) at Sell, $29 Price Target

March 13, 2012 10:44 AM EDT
Get Alerts N Hot Sheet
Price: $90.34 --0%

Rating Summary:
    7 Buy, 24 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 11 | New: 27
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CL King's Stephen Bersey initiated coverage on shares of NetSuite (NYSE: N) with a Sell rating and a $29 price target.

With NetSuite shares down 0.9 percent to $48.51 at last check, Bersey's new price target implies potential downside of about 40 percent.

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


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