LONDON. Best Buy was upgraded to buy from neutral at Goldman Sachs as the broker sees optionality on product cycle recovery, macro recovery and capital allocation, with the stock trading at one of the lowest multiples in hardline retailing. 
Share:  <span class="sent">LONDON. <span class="company">Best Buy</span> was upgraded to buy from neutral at <span class="analyst">Goldman Sachs</span> as the broker sees optionality on product cycle recovery, macro recovery and capital allocation, with the stock trading at one of the lowest multiples in hardline retailing.</span> Tweet this 

Lojas Americanas's fourth quarter results were "strong on both productivity and profitability," Irma Sgarz, an analyst at Goldman Sachs in Sao Paulo, wrote in a research report published today. 
Share:  <span class="sent"><span class="company">Lojas Americanas</span>'s fourth quarter results were "strong on both productivity and profitability," Irma Sgarz, an analyst at <span class="analyst">Goldman Sachs</span> in Sao Paulo, wrote in a research report published today.</span> Tweet this 

Goldman Sachs upgrades Best Buy Company, Inc (NYSE: BBY ) from Neutral to Buy with a $47 price target, citing "optionality on product cycle recovery, macro recovery, and capital allocation." 
Share:  <span class="sent"><span class="analyst">Goldman Sachs</span> upgrades Best Buy Company, Inc (NYSE: BBY ) from Neutral to Buy with a $47 price target, citing "optionality on product cycle recovery, macro recovery, and capital allocation."</span> Tweet this 

Nikon Corp fell 3 percent to 2,031 yen after Goldman Sachs cut its rating on the maker of digital cameras and chip making equipment to 'neutral' from 'buy' and removed it from its 'conviction list'. 
Share:  <span class="sent"><span class="company">Nikon Corp</span> fell 3 percent to 2,031 yen after <span class="analyst">Goldman Sachs</span> cut its rating on the maker of digital cameras and chip making equipment to 'neutral' from 'buy' and removed it from its 'conviction list'.</span> Tweet this 

* Goldman Sachs downgrades Standard Chartered to neutral from buy, raising target to £18 from £17. 
Share:  <span class="sent">* <span class="analyst">Goldman Sachs</span> downgrades <span class="company">Standard Chartered</span> to neutral from buy, raising target to £18 from £17.</span> Tweet this 

Nikon Corp fell three per cent to ¥2,031 after Goldman Sachs cut its rating on the maker of digital cameras and chip making equipment to "neutral" from "buy" and removed it from its "conviction list". 
Share:  <span class="sent"><span class="company">Nikon Corp</span> fell three per cent to ¥2,031 after <span class="analyst">Goldman Sachs</span> cut its rating on the maker of digital cameras and chip making equipment to "neutral" from "buy" and removed it from its "conviction list".</span> Tweet this 

Nikon Corp. , a camera maker, lost 3 percent after Goldman Sachs Group Inc downgraded the stock."People 
Share:  <span class="sent"><span class="company">Nikon Corp. , a</span> camera maker, lost 3 percent after <span class="analyst">Goldman Sachs</span> Group Inc downgraded the stock."People</span> Tweet this 

Nikon dropped 2.6% after Dow Jones reported Goldman Sachs downgrading the stock to neutral. 
Share:  <span class="sent"><span class="company">Nikon</span> dropped 2.6% after Dow Jones reported <span class="analyst">Goldman Sachs</span> downgrading the stock to neutral.</span> Tweet this 

Shares of Nikon were among the few decliners, down 2.8% after Goldman Sachs cut the rating on the stock to neutral, according to Dow Jones Newswires. 
Share:  <span class="sent"><span class="company">Shares of Nikon</span> were among the few decliners, down 2.8% after <span class="analyst">Goldman Sachs</span> cut the rating on the stock to neutral, according to Dow Jones Newswires.</span> Tweet this 

Syme said he doesn't think Shell is mis priced based on its own profitability outlook and doesn't see any reason why investors should take the risk on a business that has: potentially more near term execution risk on new projects and more limited financial capacity over the next two years (RDS is borrowing money to pay its dividend). Haskins believes Shell is being overly optimistic about the outlook for refining margins and that a mistake here could see the cashflow come in below Shell's guidance. But even she is lifting her price target to £20.50 to reflect the higher cash generation forecasts. And the top rated analysts – based on the accuracy of their forecasts  at Citigroup and Goldman Sachs are much more upbeat. Both Mark A Fletcher and Michele della Vigna have ‘buy' views on the shares. 
Share:  Syme said he doesn't think <span class="company">Shell</span> is mis priced based on its own profitability outlook and doesn't see any reason why investors should take the risk on a business that has: potentially more near term execution risk on new projects and more limited financial capacity over the next two years (RDS is borrowing money to pay its dividend). Haskins believes <span class="company">Shell</span> is being overly optimistic about the outlook for refining margins and that a mistake here could see the cashflow come in below <span class="company">Shell</span>'s guidance. But even she is lifting her price target to £20.50 to reflect the higher cash generation forecasts.<span class="sent"> And the top rated analysts – based on the accuracy of their forecasts  at Citigroup and Goldman Sachs are much more upbeat. Both Mark A Fletcher and <span class="analyst">Michele della Vigna</span> have ‘buy' views on the shares.</span> Tweet this