Goldman Sachs Removes Baxter International (BAX) from Conviction Buy List

December 15, 2011 7:25 AM EST
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Price: $26.73 -1.18%

Rating Summary:
    12 Buy, 15 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs removed Baxter International (NYSE: BAX) from the Conviction Buy List but is keeping its Buy rating. The price target moves from $60 to $59.

The firm said their original thesis largely has played out, and now see better opportunities across healthcare. Over the long-term, Goldman continues to see see Baxter as one of the best positioned companies in the sector.

For an analyst ratings summary and ratings history on Baxter International click here. For more ratings news on Baxter International click here.

Shares of Baxter International closed at $48.41 yesterday.


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Goldman Sachs Conviction Buy List, Goldman Sachs