Wyndham Wavers On Rating Cut

Tuesday morning, Goldman Sachs downgraded shares of Wyndham Worldwide to neutral from buy on gratefulness concerns. Wyndham shares have gained some-more than 20% this year and are bumping up opposite Goldmans $26 cost target. The batch retreated from that turn Tuesday though, losing over 3%.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssforbes:http://www.forbes.com/2010/03/16/downgrade-wyndham-brinker-markets-equities-kimberly-clark.html?partner=yahoobuzzPiper Jaffray downgraded shares of Brinker International ( EAT - news - people ) to underweight from neutral, as the batch continues to traffic on top of the firms cost target. While Piper Jaffray sees same-store-sales mending in 2010, it does not hold they have softened sufficient to clear the stream batch price. With the downgrade, the organisation confirmed the cost aim of $16 per share.In sunrise trading, shares of Brinker were off some-more than 1.5%.Aside from slicing Wyndhams rating, Goldman additionally combined shares of Kimberly-Clark ( KMB - news - people ) to the self-assurance sell list as the organisation expects gain to tumble in 2010. With pap costs climbing, the association faces timorous margins for 2010. With the downgrade, Goldman set a cost aim of $57 per share.Shares of Kimberly-Clark were trade reduce this morning, off .7%.,,2010/03/16/downgrade-wyndham-brinker-markets-equities-kimberly-clark.htmlMarket News Video produces and distributes online videos about bonds and investing.
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