By: Benzinga
UPDATE: Goldman Sachs Downgrades Tenneco to Buy, Reiterates $42 PT
In a report published Friday, Goldman Sachs Group downgraded its rating on Tenneco (NYSE: TEN ) from Conviction Buy to Buy, and reiterated its $42.00 price target. Goldman Sachs noted, “The primary reason for the downgrade is our expectation for further downward estimate revisions in 1H13 driven by destocking in
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