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Healthcare ETFs Unmoved By Possible Humana Inc. Merger
Monday, June 1, 2015 - 2:00pm | 405Exchange-traded healthcare funds were little changed Friday on a report that Humana Inc (NYSE: HUM) hired advisors to consider a sale. The Dow Jones U.S. Health Care Index closed down 1.4 percent Friday. Exchange-traded healthcare funds aim to mirror sector performance by holding a wide a mix of...
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Saks and Neiman Marcus Merger at the Rumor Stage
Thursday, May 23, 2013 - 8:50am | 596According to The Wall Street Journal, high-end department store, Saks Inc. (NYSE: SKS) has hired Goldman Sachs Group Inc. (NYSE: GS) to look into a possible sale. Neiman Marcus Group Inc., owned by Private-equity firms TPG and Warburg Pincus LLC, is also exploring its options. With two upscale...
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UPDATE: Goldman Sachs Reiterates Buy Rating, Lowers PT for Cliffs Natural Resources
Monday, June 25, 2012 - 9:51am | 164In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for Cliffs Natural Resources (NYSE: CLF), but lowered its price target from $77.00 to $65.00. Goldman Sachs went on to say “We are adjusting our commodity price forecasts for 2012 through 2015 in...
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Goldman Sachs Reiterates Neutral Rating, $1.90 PT for Rite Aid
Friday, June 22, 2012 - 9:43am | 140In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Neutral rating and $1.90 price target for Rite Aid Corporation (NYSE: RAD). Goldman Sachs went on to say “RAD continues to deliver beats, albeit off a depressed base, aided by share gains from the WAG/ESRX...
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UPDATE: Goldman Sachs Reiterates Sell Rating, Lowers PT for Progressive Corporation
Wednesday, June 20, 2012 - 10:00am | 156In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Sell rating for the Progressive Corporation (NYSE: PGR), but slightly lowered its price target from $21.00 to $20.00. Goldman Sachs went on to say “Last week Progressive reported May operating results and...
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Goldman Sachs Reiterates Sell Rating, $29 PT for Autodesk
Wednesday, June 20, 2012 - 9:19am | 113In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Sell rating and $29.00 price target for Autodesk, Inc. (NASDAQ: ADSK). Goldman Sachs went on to say “We continue to believe that current FY13 revenue guidance for ‘at least 10%' growth is aggressive as the...
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Goldman Sachs Reiterates Buy Rating, Does Not Name PT for Cisco Systems
Monday, June 18, 2012 - 11:16am | 110In a report published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for Cisco Systems, Inc. (NASDAQ: CSCO), but did not name a price target. Goldman Sachs went on to say “The bottom line is that Cisco is acting rapidly to intercept the SDN trend, and we view its strategy...
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UPDATE: Goldman Sachs Reiterates Buy Rating, Lowers PT for Qualcomm
Monday, June 18, 2012 - 11:11am | 123In a report published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for Qualcomm Inc. (NASDAQ: QCOM), but lowered its price target from $76.00 to $71.00. Goldman Sachs went on to say “Negative datapoints over the last couple of weeks, including preannouncements from RIM,...
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UPDATE: Goldman Sachs Reiterates Buy Rating, Lowers PT for The Mosaic Company
Monday, June 18, 2012 - 10:59am | 106In a report published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for The Mosaic Company (NYSE: MOS), but lowered its $71.00 to $61.00. Goldman Sachs went on to say “We remain constructive on the Fertilizer names...Our positive view is based on: (1) a view that elevated...
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UPDATE: Goldman Sachs Reiterates Sell Rating, Lowers PT for Intrepid Potash
Monday, June 18, 2012 - 10:55am | 109In a report published earlier today, the Goldman Sachs Group, Inc. reiterated its Sell rating for Intrepid Potash, Inc. (NYSE: IPI), but lowered its price target from $21.00 to $18.00. Goldman Sachs went on to say “We remain constructive on the Fertilizer names...Our positive view is based on: (1...
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UPDATE: Goldman Sachs Reiterates Buy Rating, Raises PT for CF Industries Holdings
Monday, June 18, 2012 - 10:50am | 111In a report published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for CF Industries Holdings, Inc. (NYSE: CF) and raised its price target from $225.00 to $230.00. Goldman Sachs went on to say “We remain constructive on the Fertilizer names...Our positive view is based on...
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UPDATE: Goldman Sachs Reiterates Neutral Rating, Raises PT for Agrium
Monday, June 18, 2012 - 10:43am | 108In a report published earlier today, the Goldman Sachs Group, Inc. reiterated its Neutral rating for Agrium Inc. (NYSE: AGU) and slightly raised its price target from $85.00 to $86.00. Goldman Sachs went on to say “We remain constructive on the Fertilizer names...Our positive view is based on: (1...
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UPDATE: Goldman Sachs Reiterates Buy Rating, Raises PT for Edwards Lifesciences
Monday, June 18, 2012 - 10:06am | 148In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for Edwards Lifesciences LLC (NYSE: EW) and raised its price target from $102.00 to $109.00, related to the recent circulatory devices panel's recommendation to approve EW's new Sapien Transcatheter...
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UPDATE: Goldman Sachs Reiterates Sell Rating, Lowers PT for Safeway
Monday, June 18, 2012 - 9:47am | 117In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Sell rating for Safeway Inc. (NYSE: SWY), but slightly lowered its price target from $18.00 to $17.00. Goldman Sachs went on to say “While SWY indicated that it remains on track with the temporary shift...
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Goldman Sachs Reiterates Sell Rating, $21 PT for Kroger
Friday, June 15, 2012 - 10:50am | 108In a company update published earlier today, The Goldman Sachs Group, Inc. reiterated its Sell rating and $21.00 price target for The Kroger Co. (NYSE: KR). Goldman Sachs went on to say “On the heels of the release and conference call, KR shares rallied 6.1% (vs. +1.1% for the S&P500) as the...