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Goldman Sachs Says Propane Is 'Underappreciated'
Thursday, May 28, 2015 - 12:18pm | 282In a report published Wednesday, Goldman Sachs analyst Robert Koort commented that benchmark propane prices traded below $0.40 per gallon for the first time in over a decade with Mt. Belvieu prices trading as low as $0.34 per gallon before closing at $0.39 per gallon. This compares to propane...
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UPDATE: Goldman Sachs Upgrades Huntsman on Further Upside Potential
Tuesday, November 26, 2013 - 9:22am | 159In a report published Tuesday, Goldman Sachs analyst Robert Koort upgraded the rating on Huntsman Corporation (NYSE: HUN) from Neutral to Buy, and raised the price target from $22.00 to $29.00. In the report, Goldman Sachs noted, “While HUN shares have spiked higher recently, we believe there is...
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Goldman Sachs Downgraded Eastman Chemical and Lowered PT After Disappointing Earnings
Friday, October 25, 2013 - 9:40am | 210In a report published Thursday, Goldman Sachs analyst Robert Koort downgraded Eastman Chemical Company (NYSE: EMN) from Buy to Neutral, lowered the PT, and removed the company from Goldman's Conviction List. Eastman Chemical has been successful, up 58 percent since being added to the Conviction...
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UPDATE: Goldman Sachs Downgrades Monsanto Following Dilutive Acquisition
Thursday, October 3, 2013 - 10:32am | 161In a report published Thursday, Goldman Sachs analyst Robert Koort downgraded the rating on Monsanto Company (NYSE: MON) from Conviction List-Buy to Buy, and lowered the price target from $124.00 to $118.00. In the report, Goldman Sachs noted, “We are removing MON from the Americas Conviction Buy...
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UPDATE: Goldman Sachs Downgrades Rockwood Holdings Following Outperformance
Thursday, September 19, 2013 - 8:49am | 161In a report published Thursday, Goldman Sachs analyst Robert Koort downgraded the rating on Rockwood Holdings (NYSE: ROC) from Buy to Neutral, and lowered the price target from $80.00 to $78.00. In the report, Goldman Sachs noted, “We downgrade ROC to Neutral from Buy. Since being added to the...
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UPDATE: Goldman Sachs Raises PT on Taminco Following Mixed 2Q13 Earnings Results
Thursday, August 15, 2013 - 11:19am | 140In a report published Thursday, Goldman Sachs analyst Robert Koort reiterated a Buy rating on Taminco (NYSE: TAM), and raised the price target from $22.00 to $23.00. In the report, Goldman Sachs noted, “On August 14, TAM reported mixed 2Q13 earnings results as weakness in some Functional Amines...
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UPDATE: Goldman Sachs Raises PT on Eastman Chemical on Potential Divestiture
Wednesday, July 17, 2013 - 11:11am | 157In a report published Wednesday, Goldman Sachs analyst Robert Koort reiterated a Buy rating on Eastman Chemical (NYSE: EMN), and raised the price target from $83.00 to $86.00. In the report, Goldman Sachs noted, “EMN has recently been more vocal in its pursuit of a potential divestiture of its...
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UPDATE: Goldman Sachs Downgrades Air Products & Chemicals Following Outperformance
Monday, July 8, 2013 - 10:39am | 181In a report published Monday, Goldman Sachs analyst Robert Koort downgraded the rating on Air Products & Chemicals (NYSE: APD) from Buy to Neutral, but reiterated the $97.00 price target. In the report, Goldman Sachs noted, “We downgrade shares of APD to Neutral from Buy. Since being added...
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UPDATE: Goldman Sachs Upgrades Cytec Industries Following Outperformance
Monday, July 8, 2013 - 8:16am | 169In a report published Monday, Goldman Sachs analyst Robert Koort upgraded the rating on Cytec Industries (NYSE: CYT) from Sell to Buy, and raised the price target from $69.00 to $93.00. In the report, Goldman Sachs noted, “We upgrade shares of CYT to Buy from Sell. Since adding CYT to the...
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UPDATE: Goldman Sachs Initiates Coverage on Taminco with Buy Rating, $22 PT on Multiple Positive Factors
Tuesday, May 28, 2013 - 8:26am | 138In a report published Tuesday, Goldman Sachs analyst Robert Koort initiated coverage on Taminco Corporation (NYSE: TAM) with a Buy rating and $22.00 price target. In the report, Goldman Sachs noted, “We initiate coverage of TAM with a Buy rating and $22, 12-month price target. Following a...
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Monsanto Stock Sets To Soar; Barron’s (MON)
Friday, June 4, 2010 - 10:57am | 112Agribusiness giant Monsanto (NYSE: MON) has lost almost two-thirds of its value since its 2008 high. According to Barron’s, the stock is among the worst-performing equities in the Standard & Poor’s 500 this year. However, Robert Koort, an equity analyst with Goldman Sachs (NYSE: GS), told...