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Goldman Sachs' downgrades of Demand Media (DMD -4.4%), WebMD (WBMD -2.6%) and Vistaprint (VPRT...

Goldman Sachs' downgrades of Demand Media (DMD -4.4%), WebMD (WBMD -2.6%) and Vistaprint (VPRT -5%) reflect a reduction in its advertising outlook; growth in 2012 overall ad spending is lowered to 2% from 4%, online ad growth is marked down to 10% from 13%. But IAC/InterActive (IACI +0.9%) is lifted to Buy, less cyclical due to its Match.com business.
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