Analyst Picks: 1 Industrial Stock to Buy -- and 2 to Sell
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking three high-profile Wall Street picks and putting them under the microscope...
As the week draws to a close, Goldman Sachs is moving the markers on three big industrial stocks before heading off to enjoy its weekend, announcing it is downgrading shares of Flowserve (NYSE: FLS) and Johnson Controls (NYSE: JCI) to sell, and upgrading Ingersoll-Rand (NYSE: IR) stock to buy.
Here are three things you need to know about that.
Source: Fool.com
