Scripps Networks Interactive (SNI -2%) trades lower after getting slapped with a downgrade from...


Scripps Networks Interactive (SNI -2%) trades lower after getting slapped with a downgrade from Goldman Sachs to Neutral from Buy. The firm sees profits slipping lower than prior estimates due to trimmed advertising forecasts. Another drag on shares is that the buzz over the company being a takeover candidate has died down quite a bit since October.

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Comments (1)
  • James Sands
    , contributor
    Comments (2635) | Send Message
     
    Maybe a buying opportunity if weakness continues below $50.
    6 Dec 2012, 12:40 PM Reply Like
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