Lojas Americanas cut to 'neutral' from 'buy' at Goldman Sachs
Lojas Americanas SA was cut to ``neutral'' from ``buy'' at Goldman Sachs Group Inc., which said the Brazilian retailer is an ``unlikely outperformer into a sustained monetary tightening cycle.''
Goldman Sachs has downgraded Cairn India to 'neutral' from 'buy' as it expects the company's earnings to remain flat or decline on the back of moderation in crude oil prices outlook.