Precision Castparts gets rating downgrade
Aug 04, 2014 | 12:20 PM
| Frank Haflich
LOS ANGELES Goldman Sachs Group Inc. has lowered its rating on Precision Castparts Corp. (PCC) but still considers the aerospace supply chain company a buy.
The investment house removed PCCs common stock from its "conviction list" and now rates the company as a "buy," describing it as an "attractive opportunity" in aerospace and defense, it said in a July 24 report to investors.....
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