Goldman Sachs' Conviction List Updates: Burlington Added, Amgen Removed

Reported 2 days ago

Goldman Sachs has added Burlington Stores and Air Lease to its US Conviction List while removing Amgen and Global-E Online. According to Director of Americas Equity Research Steve Kron, consumers are currently in a favorable spending position, making off-price retailers like Burlington well-positioned to attract value-seeking shoppers.

Source: YAHOO

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