UPDATE: Goldman Sachs Downgrades Higher One Holdings to Sell on Low Enrollment and Pricing Pressure
Posted on January 09, 2013 at 11:21 AM EST
Goldman Sachs downgraded Higher One Holdings (NYSE: ONE ) from Neutral to Sell and lowered the price target from $10.00 to $9.00. Goldman Sachs noted, "We downgrade ONE to Sell from Neutral as we believe that a continued mix shift to lower priced accounts, negative enrollment trends and a recent