Goldman Sachs Downgrades Airgas (ARG) to Neutral, Shifting To More Cyclical Names
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Price: $142.95 --0%
Rating Summary:
3 Buy, 9 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 16
Rating Summary:
3 Buy, 9 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 16
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Goldman Sachs downgraded Airgas (NYSE: ARG) from Buy to Neutral with a price target of $89.
The firm downgrades the stock following the huge run in the stock over the last six months. They are now shifting back to more cyclical names like LyondellBasell Industries (NYSE: LYB), Westlake Chemical (NYSE: WLK) and Eastman Chemical (NYSE: EMN), which all were recently upgraded.
For an analyst ratings summary and ratings history on Airgas click here. For more ratings news on Airgas click here.
Shares of Airgas closed at $77.02 yesterday.
The firm downgrades the stock following the huge run in the stock over the last six months. They are now shifting back to more cyclical names like LyondellBasell Industries (NYSE: LYB), Westlake Chemical (NYSE: WLK) and Eastman Chemical (NYSE: EMN), which all were recently upgraded.
For an analyst ratings summary and ratings history on Airgas click here. For more ratings news on Airgas click here.
Shares of Airgas closed at $77.02 yesterday.
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