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Fly News Breaks for March 3, 2020
GMGSF
Mar 3, 2020 | 05:05 EDT
Goldman Sachs analyst Ian Randall downgraded Goodman Group to Sell from Neutral with a A$12.91 price target. The analyst expects disruption to the company's business from the coronavirus to result in reduced consensus estimates for fiscal years 2020 and 2021. Randall cites valuation for the downgrade with Goodman re-rating materially over the past three years.
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