UPDATE: Goldman Sachs Downgrades NeuStar due to Limited Upside

In a report published on monday Goldman Sachs Downgraded their rating on NeuStar NSR from Buy to Neutral and maintained their 12-month Price Target of $50. In the report Goldman Sachs stated that "We now see limited upside to our price target. We believe the valuation gap and estimates have now narrowed and the market has acknowledged the high probability that NSR will win the NPAC re-compete contract. We make no change to our estimates and retain our 12-month price target of $50. Since we added NSR to the America's Buy list on January 11, 2012 NSR is up 36% vs. the S&P500 up 29%." NSR is down 0.87 points on the day and currently trades at $47.11
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Posted In: Analyst ColorDowngradesAnalyst RatingsGoldman Sachs
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