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Analysts’ Actions: Goldman Says Sell Boeing, While T-Mobile and Colgate Get a Boost

July 28, 2023
in Trade Tube
Reading Time: 1 min read
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One analyst clips Boeing’s wings, another makes a call on T-Mobile, and Colgate-Palmolive gets a fresh rating, all in Monday’s Analysts’ Actions. Goldman Sachs downgraded Boeing to SELL from NEUTRAL on Monday, arguing that with pockets of global growth volatility, demand for aircraft will likely worsen. Analysts set a $132 price target. RBC Capital upped its price target on T-Mobile to $37 a share and reiterated an outperform rating. Guidance appears conservative given recent investments in postpaid subscriber growth. Colgate-Palmolive was upgraded to BUY at Citigroup as the company will weather global headwinds well.

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