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Goldman Sachs Removed RRI Energy (RRI) from their Conviction Buy List

October 29, 2009 8:20 AM EDT
RRI Hot Sheet
Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Goldman Sachs removed RRI Energy, Inc. (NYSE: RRI) from their Conviction Buy List, while maintaining a Buy rating and $8 price target.

The firm cited a period of underperformance, increasing concerns about 2H2009 earnings power, and few major catalysts.

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