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Goldman Sachs Downgrade Verisign, Trades Down Slightly

By Benzinga Staff
November 09, 2009 6:43 PM

Symbols: VRSN

Tags: Goldman Sachs

Posted in: Analyst Color, Downgrades, Analyst Ratings

Earlier Goldman Sachs downgraded Verisign (Nasdaq: VRSN) from Neutral to Sell.

Goldman said that analysts have lofty margin expectations and there is a legal overhang from an antitrust suit.

Goldman lowered its price target on Verisign from $25 to $22.

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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