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Re: nlightn post# 264870

Friday, 09/04/2015 9:49:42 AM

Friday, September 04, 2015 9:49:42 AM

Post# of 363705
N,...NetSuite drops 3.6% following Raymond James downgrade

Raymond James has downgraded NetSuite (NYSE:N) to Underperform. Shares have fallen below $85 for the first time since last October.BNP Paribas upgraded NetSuite a week ago. Shares go for 7x 2016E revenue, or perhaps ~6x forward billings.

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