Goldman Sachs analyst Joe Ritchie added Gardner Denver to his firm's Americas Conviction List with a $34 price target, implying 28% upside from current share levels. The analyst reiterates a Buy rating on the shares. There are "several reasons" to like Gardner Denver, including a high quality management team focused on product innovation, growing aftermarket content, improving cash flow and deleveraging, Ritchie tells investors in a research note. After underperforming peers year-to-date due to concerns around the Permian, Street expectations have now been reset after a better than expected Q3, says the analyst. He expects the company to post "solid" organic growth from 2018-2020.