UPDATE: Goldman Sachs Downgrades AGCO Amid Further Risk to America's AG Equipment Capex
November 11, 2013 at 10:13 AM EST
In a report published Monday, Goldman Sachs analyst Jerry Revich downgraded the rating on AGCO (NYSE: AGCO ) from Neutral to Sell, and lowered the price target from $58.00 to $53.00. In the report, Goldman Sachs noted, “We downgrade AGCO to Sell with 9% downside to our new $53, 12-month
