Goldman Sachs Group Inc. Downgrades Joy Global to Sell (JOYG)
Joy Global (NASDAQ:JOYG) was downgraded by analysts at Goldman Sachs Group Inc. to a “sell” rating in a research report issued to clients and investors on Friday, AnalystRatings.NET reports.
Separately, analysts at Raymond James raised their price target on shares of Joy Global from $53.75 to $57.00 in a research note to investors on Monday, October 21st. They now have a “market perform” rating on the stock. One analyst has rated the stock with a sell rating and eight have issued a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $53.17.
Joy Global Inc is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals and ores.
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