Seeking Alpha

OpenTable (OPEN -3.2%) slips after receiving a downgrade to Perform from Oppenheimer, which is...

OpenTable (OPEN -3.2%) slips after receiving a downgrade to Perform from Oppenheimer, which is concerned about valuation after a strong run-up that began in August. It also thinks higher expenses or a delay in the rollout of OpenTable's cloud-based restaurant reservation book would hurt shares, but adds a heavy short interest could fuel additional near-term gains. (Foodspotting purchase)
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