NEW YORK (TheStreet) -- RATINGS CHANGES
Goldman Sachs (GS) was initiated with a buy rating at MKM Partners. Twelve-month price target is $213. The company can post ROE expansion, MKM said.
Hewlett-Packard (HPQ) was upgraded to buy at TheStreet Ratings.
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Jarden (JAH) was initiated with a buy rating at Deutsche Bank. Twelve-month price target is $70. Stock is cheap, relative to the company's growth potential, Deutsche said.
Royal Bank of Canada (RY) was upgraded to buy at TheStreet Ratings.
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TheStreet Ratings team rates GOLDMAN SACHS GROUP INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate GOLDMAN SACHS GROUP INC (GS) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."