-
UPDATE: Goldman Sachs Upgrades WABCO Holdings to Buy on Product Cycle Story
Monday, June 10, 2013 - 11:26am | 155In a report published Monday, Goldman Sachs analyst Jerry Revich upgraded the rating on WABCO Holdings (NYSE: WBC) from Neutral to Buy, and raised the price target from $83.00 to $89.00. In the report, Goldman Sachs noted, “We upgrade WBC to Buy from Neutral and see 18% upside to our new $89 12...
-
UPDATE: Goldman Sachs Downgrades Joy Global to Neutral on Lack of Visibility
Wednesday, June 5, 2013 - 9:32am | 166In a report published Wednesday, Goldman Sachs analyst Jerry Revich downgraded the rating on Joy Global (NYSE: JOY) from Buy to Neutral, and lowered the price target from $72.00 to $60.00. In the report, Goldman Sachs noted, “Our Buy rating had been predicated on (1) strong aftermarket demand, (2...
-
UPDATE: Goldman Sachs Downgrades Deere on Lower US Farm Income and Capex
Friday, May 17, 2013 - 10:20am | 114In a report published Friday , Goldman Sachs analyst Jerry Revich downgraded Deere (NYSE: DE) from Neutral to Sell and lowered the price target from $98 to $85 following weak cyclical outlook. In the report, Goldman Sachs noted, "Recovering commodity inventories point to lower US farm income...
-
Goldman Sachs Suggests Buying Calls on Joy Global (JOYG)
Wednesday, May 11, 2011 - 9:16am | 134Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on Joy Global Inc. (NASDAQ: JOYG) ahead of the company's earnings. Goldman Sachs Machinery analyst, Jerry Revich, sees 29% upside to his 12-mth price target of $120 on Buy rated shares, and sees 13%...
-
Goldman Sachs Still Wants You to Sell Mueller Water Products
Tuesday, June 8, 2010 - 10:11am | 109Goldman Sachs analysts Jerry Revich and Terry Darling reiterated their sector relative Sell rating for Mueller Water Products, Inc. (NYSE: MWA) Despite taking MWA off its Americas Conviction Sell List, Goldman Sachs still thinks MWA is underperforming relative to its industry peers. According to...
-
Goldman Sachs Upgrades Joy Global, Inc. (JOYG) To Buy Rating
Wednesday, June 2, 2010 - 2:21pm | 101Analysts Jerry Revich and Terry Darling at Goldman Sachs have upgraded Joy Global, Inc. (NASDAQ: JOYG) from Neutral to Buy rating. The price target has been raised from $56 to $61. Analysts have also raised 2010-2012 EPS estimates for Joy Global, Inc. by 5% to reflect rising production rates and...
-
Goldman Sachs Reinstates Terex (TEX) Neutral Rating
Wednesday, February 24, 2010 - 8:38am | 126Goldman Sachs analysts Terry Darling and Jerry Revich reinstated their Neutral rating of Terex Corp. (NYSE: TEX), with a 12 month price target of $24. The Goldman Sachs analysts said, "we remain constructive on the outlook for recovery in US resi construction markets (8% of TEX revenue) in 2010 and...