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Goldman said, "While we still believe that Altria offers attractive upside potential for investors with a long-term time horizon, we think the stock could be stuck in a trading range over the next six to nine months".
In May, Goldman Sachs downgraded Altria Group to "in-line" from "outperform" saying, "While we still believe that Altria offers attractive upside potential for investors with a long-term time horizon, we think the stock could be stuck in a trading range over the next six to nine months".
With participation in over 90 patent portfolios, we expect ACTG to grow revenues in the 40%-50 40%-50 over the next three to five years, providing very attractive upside, albeit cloudy, near-term prospects as quarterly results are inconsistent based on lumpy legal settlements.
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However attractive the upside, it was effectively capped, while the risk to my finances, reputation, and time was beyond my control.
The stock continues to offer an attractive yield of 5%and11%1% upside potential to our target price.
The yield also now stands at 4.4%, rising to 4.9%, and this looks increasingly attractive given the potential for upside surprise arising from the underlying cash generation from the business.
Catering group Compass closed 17.5p lower at 838p as Goldman Sachs moved from buy to neutral, saying: While we see Compass' strong organic growth, low revenue volatility, low capital intensity, and strong balance sheet as attractive, we now see more upside potential elsewhere in our sector coverage.
We upgrade to overweight on attractive risk/reward and further earnings upside risk with [our forecast] 5-10% above consensus.
Banc of America Securities analyst Tim Long upgraded shares of Alcatel to "buy" from "neutral," citing improved product traction, potential margin upside, and an "attractive" valuation on newly raised numbers.
Stock market volatility has fallen as political risks have receded, she says, so with "both absolute and relative valuation attractive, "we see room for upside for the rest of the year," she argues.
He said that the opportunity to run Prime Ventures was particularly attractive because he would have significant "upside," presumably referring to an equity stake in the new company.
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