Goldman downgrades AP and RH to Sell from Neutral, and DG to Neutral from Buy
Goldman downgraded $RH to sell overnight. Their analyst is always late and I wouldn’t be surprised to see a NT bottom here. She most recently upgraded the stock in January with shares at $430, marking the top almost perfectly.
Just in: Arete analyst Zixiao Yang downgrades Alibaba $BABA to Neutral from Buy, setting a price target of $153. #Alibaba #StockUpdate
Brokerage analysts issued a wave of rating cuts on Tuesday, flagging slower growth and heightened trade and consumer headwinds across transportation, retail and e-commerce names. UBS downgraded Deutsche Post DHL Group to Sell, warning that the U.S. 145% tariff on Chinese goods and what it called earlier overestimates for parcel-volume growth would erode the logistics company’s earnings outlook. Goldman Sachs cut luxury home-furnishings retailer RH to Sell from Neutral and set a $179 price target. The bank cited a still-weak housing market, the delayed launch of a new brand and mounting promotional activity as likely drags on margins. In technology, Arete Research analyst Zixiao Yang lowered Alibaba to Neutral with a $153 target, saying the Chinese e-commerce giant faces a slower revenue trajectory. Goldman also moved AP to Sell and reduced Dollar General to Neutral, underscoring what the firm described in its note as a more cautious stance toward discretionary and value retail stocks.
