Goldman Sachs Removed Valspar (VAL) from their Conviction Buy List

September 2, 2009 6:50 AM EDT

Goldman Sachs removed Valspar (NYSE: VAL) from their Conviction Buy List, adding Textron (NYSE: TXT) instead, saying TXT offers better upside potential and near-term catalysts. The firm is maintaining a buy rating on VAL.


The Valspar Corporation manufactures and distributes coatings, paints, and related products primarily in the United States and internationally.


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TXT 20.61

+0.24 +1.18%
Volume: 1,578,215
Track TXT

VAL 26.49

+0.15 +0.57%
Volume: 203,981
Track VAL


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