Sonder (NASDAQ:SOND – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday, 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. “
Several other research analysts have also recently weighed in on SOND. JMP Securities lowered their price target on shares of Sonder from $12.00 to $9.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 10th. The Goldman Sachs Group began coverage on shares of Sonder in a research report on Monday, February 14th. They set a “neutral” rating and a $10.00 price target on the stock. Oppenheimer lowered their price target on shares of Sonder from…