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5.10.07

Oct 5. Goldman Sachs cuts Comstar-UTS GDR to Sell, raises target price 12%.

Finamrus com 05.10.2007 15:34
http://www.finamrus.com/newtopics/news03AE0/default.asp
Goldman Sachs (GS) has raised its target price for Global Depositary Receipts (GDRs) of Comstar-UTS by 12.1% to $12.00 per receipt, GS said in a daily research note. At the same time, the stock recommendation was downgraded from Hold to Sell. The downside potential of the telecom company's GDRs to the new level projected by GS analysts, even if it is raised, is too big, which prompted them to cut the stock recommendation to Sell.

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