Goldman Sachs upgraded Rolls-Royce to Conviction Buy from Buy with a 398 GBp price target. The analyst sees the company’s strong cash generation enabling a resumption of shareholder returns.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RYCEY:
- Rolls-Royce downgraded to Sell from Hold at Berenberg
- Delta Air Lines to purchase 20 A350-1000s from Airbus
- Rolls-Royce price target raised to 409 GBp from 270 GBp at Barclays
- Airbus confirms Japan Airlines A350-900 involved in accident Tuesday
- Rolls-Royce price target raised by 90 GBp at Deutsche Bank