UPDATE: Goldman Sachs Downgrades Baxter International (BAX) to Sell

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Baxter (BAX) Sinks as Goldman Downgrades to Sell on Litany of Headwinds

April 4, 2022 10:10 AM EDT

Shares of Baxter (NYSE: BAX) are down 3% in early trading after Goldman Sachs downgraded shares to Sell amid numerous headwinds, which puts numbers at risk.

Analyst Amit Hazan said that while a U.S.-led COVID recovery is developing, macro factors have intensified as headwinds for the MedTech sector. As a result, the analyst expects results in... More