Joe Ritchie

Tyco International Ltd. (NYSE: TYC) received a Neutral rating from Goldman Sachs as the firm initiated coverage with a $47 12-month price target. Analysts led by Joe Ritchie expected growth to under pace peers, several factors to curb margin expansion beyond 2015 and legacy liabilities to limit...

In a report published Friday, Goldman Sachs analyst Joe Ritchie upgraded Parker Hannifin (NYSE: PH) from a Sell rating to a Buy rating and raised the price target from $107.00 to $135.00. In the report, Goldman Sachs says "We upgrade PH to Buy from Sell as we believe FY14 has been largely derisked...

In a report published Monday, Goldman Sachs analyst Joe Ritchie resumed coverage on General Electric Company (NYSE: GE) with a Neutral rating and $26.00 price target. In the report, Goldman Sachs noted, “We resume coverage of General Electric (GE) with a Neutral rating and $26, 12-month price...

In a report published Tuesday, Goldman Sachs analyst Joe Ritchie initiates coverage on HD Supply (NASDAQ: HDS) with a Neutral rating and $23.00 price target. In the report, Goldman Sachs noted, “We initiate coverage of HD Supply with a Neutral rating and a 12-month price target of $23, implying...

In a report published Monday, Goldman Sachs analyst Joe Ritchie downgraded Illinois Tool Works (NYSE: ITW) from Neutral to Sell, and lowered the price target from $71.00 to $69.00. In the report, Goldman Sachs noted, “We downgrade ITW to Sell, relative to our coverage, with 0% upside vs. 7% for...

In a report published on Sunday, Goldman Sachs analyst Joe Ritchie upgraded Graco (NYSE: GGG) from Sell to Neutral and raised the price target on the company from $60 to $68. In the report, Goldman Sachs stated, "Post 1Q earnings and recent management commentary, we have increased confidence in...