By: Benzinga
UPDATE: J.P. Morgan Downgrades OpenTable to Neutral on Weak Domestic Trends, Upside Potential
In a report published Monday, J.P. Morgan analyst Kaizad Gotla downgraded the rating on OpenTable (NASDAQ: OPEN ) from Overweight to Neutral, but raised the price target from $53.00 to $62.00. In the report, Gotla noted, “We are downgrading OpenTable from Overweight to Neutral as we believe shares now reflect
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