Colfax Corporation (CFX) Misses Q3 EPS by 4c, Lowers FY Guidance

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Goldman Sachs Downgrades Colfax Corporation (CFX) to Neutral

October 24, 2014 6:54 AM EDT

Goldman Sachs downgraded Colfax Corporation (NYSE: CFX) from Buy to Neutral with a price target of $57.00 (from $78.00). The change follows Q3 results.

Analyst Joe Ritchie said, "We downgrade CFX to Neutral from Buy. Our Buy rating was predicated on our view that CFXs... More