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Goldman Sachs Removes Beam Inc (BEAM) from Conviction Buy List

January 17, 2012 7:09 AM EST
Get Alerts BEAM Hot Sheet
Price: $24.31 --0%

Rating Summary:
    10 Buy, 11 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 14 | New: 17
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Goldman Sachs removed Beam Inc (NYSE: BEAM) from its Conviction Buy List but maintained a Buy rating and $55 price target.

The firm sees greater upside in Monster (Nasdaq: MNST), which was added to the Conviction Buy List. Still they say fundamentals remain strong and M&A provides support for the shares.

For an analyst ratings summary and ratings history on Beam Inc click here. For more ratings news on Beam Inc click here.

Shares of Beam Inc closed at $51.40 yesterday.


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Goldman Sachs Conviction Buy List, Goldman Sachs