Goldman Sachs Downgrades Chemicals to Neutral; Cuts PX and SHW
Goldman Sachs downgrades Chemicals from Attractive to Neutral saying recent global economic data point to a more muted growth outlook in the near term. As part of the change, Goldman downgraded Praxair Inc. (NYSE: PX) from Buy to Neutral and Sherwin-Williams Co. (NYSE: SHW) from Neutral to Sell. The firm adjusted 12-month price targets in...
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