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Goldman Sachs Removes Virgin Media (VMED) from Conviction Buy List

October 28, 2011 7:04 AM EDT
Get Alerts VMED Hot Sheet
Price: $51.00 --0%

Rating Summary:
    2 Buy, 8 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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Goldman Sachs removed Virgin Media (NASDAQ: VMED) from its Conviction Buy, but is keeping a Buy rating and $34 price target.

The firm notes capex increases to boost top-line growth leave little scope for FCF surprises in 2012.

For more ratings news on Virgin Media click here and for the rating history of Virgin Media click here.

Shares of Virgin Media closed at $26.07 yesterday.


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Goldman Sachs Conviction Buy List, Goldman Sachs