Post by
lotus1 on Mar 26, 2024 3:10pm
Experts' Take on GS Coverage
Experts' take on GS Report
" It seems a bit harsh. The analyst notes concern on a 'cyclical pause' in some of its businesses, and the view was likely triggered by the decline in the backlog last quarter. The analyst expects a decline in organic growth in F2025. This is possible, but it is reflected in the valuation.
It would be OK staying the course and not adding in the short term, following its backlog weakness. We still like it overall . "