Sonder (NASDAQ:SOND – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Saturday, Zacks.com reports.
According to Zacks, “Sonder Holdings Inc. is a next-generation hospitality company which is redefining the guest experience through technology and design. Sonder Holdings Inc., formerly known as Gores Metropoulos II Inc., is based in SAN FRANCISCO. “
SOND has been the subject of a number of other reports. JMP Securities cut their target price on Sonder from $12.00 to $9.00 and set a “market outperform” rating for the company in a research note on Thursday, March 10th. The Goldman Sachs Group assumed coverage on Sonder in a research note on Monday, February 14th. They set a “neutral” rating and a $10.00 price objective for the company. Citigroup began coverage on Sonder in a research note on Tuesday. They set a “buy” rating and a $7.00 price objective for…
