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Goldman Sachs Lowers GVS to Neutral Rating | Markets & Money News
Goldman Sachs has downgraded GVS from "buy" to "neutral" following a notable 14.9% increase in share prices, which limits future earnings potential. The company aims for mid-single-digit organic sales growth and EBITDA margins of at least 27% by 2028. Despite minor upgrades to EBITDA forecasts, Goldman’s outlook remains cautious, as current valuations appear stretched compared to historical averages. The firm seeks more evidence of GVS successfully executing its long-term strategy before
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