Skip to main content

Market Overview

Goldman Sachs Reiterates Sell on Dolby Laboratories (DLB)

Share:

Goldman Sachs is out with its report on Dolby Laboratories (NYSE: DLB), reiterating Sell.

In a note to clients, Goldman Sachs writes, "We reiterate our Sell rating on Dolby shares as we believe the company is transitioning from a high growth company, growing EPS at 30% plus rates, to a company that will grow slightly better than the overall market, implying it should trade closer to market multiples."

Shares of DLB closed Wednesday at $49.87, down 0.80% from Tuesday's close.

 

Related Articles (DLB)

View Comments and Join the Discussion!

Posted-In: Dolby Laboratories Goldman SachsAnalyst Color Analyst Ratings

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com