Renaissance Capital Downgrades VimpelCom To Sell

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Analysts at Renaissance Capital downgraded
VimpelCom Ltd (ADR)VIP
from Hold to Sell. The price target for VimpelCom has been raised from $4.40 to $5.10. VimpelCom shares have dropped 21.86 percent over the past 52 weeks, while the S&P 500 index has surged 12.95 percent in the same period. VimpelCom shares rose 4.32 percent to close at $6.04 yesterday.
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Posted In: DowngradesAnalyst RatingsRenaissance Capital
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