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Tuesday, February 7, 2012

Stock Alert - Coinstar (CSTR) $75.00 Price Target by Benchmark Co. Analysts - 2/7/12

Benchmark Co. boosted their price target on shares of Coinstar (NASDAQ: CSTR) from $70.00 to $75.00 in a research note issued on Tuesday. They currently have a “buy” rating on the company’s shares.

Separately, analysts at Compass Point downgraded shares of Coinstar from a “buy” rating to a “neutral” rating in a research note to investors on Monday. They now have a $56.00 price target on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Coinstar in a research note to investors on Thursday, February 2nd. They now have a $54.00 price target on the stock, up previously from $52.00. Also, analysts at Zacks Investment Research downgraded shares of Coinstar from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 31st.

Shares of Coinstar opened at 50.56 on Tuesday. Coinstar has a 52 week low of $37.43 and a 52 week high of $60.71. The stock’s 50-day moving average is $46.51 and its 200-day moving average is $45.8. The company has a market cap of $1.528 billion and a P/E ratio of 19.42.


Coinstar (NASDAQ: CSTR) resistance level is $65 and support level is $50.

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