Goldman Sachs Removes Och-Ziff Capital (OZM) from its Conviction Buy List

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Goldman Sachs removed Och-Ziff Capital Management Group (NYSE: OZM) from its Conviction Buy List, but kept a overall Buy rating. The price target was lowered from $13 to $11.50.

While the firm still sees about 60% upside to current levels and 16% distribution yield, they prefer stickier AuM in uncertainty.

Goldman lowered 2012/2013/2014 DEPS to $1.30/$1.33/$1.53 from $1.43/$1.35/$1.57 on lower April monthly performance

For an analyst ratings summary and ratings history on Och-Ziff Capital Management Group click here. For more ratings news on Och-Ziff Capital Management Group click here.

Shares of Och-Ziff Capital Management Group closed at $7.25 yesterday, with a 52 week range of $6.86-$14.80.

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Goldman Sachs Conviction Buy List, Goldman Sachs

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