Come hither Apple Computer corporation and the Buffalo Wild Wing entity. Your presence is no longer required in these convicted halls of Goldman, as you’ve proven to be unworthy of our grace. Heretofore, your attendance was quite popular amongst our customers and denizens of our banking interests. But now, you’re an albatross of the first magnitude.
Be gone from this place and erase it from your memories, forever, or until you come across a great deal of cash. Only then will you be welcomed here and considered to be something that we have ‘conviction’ in.
Yours everlastingly,
The Goldman Sachs Corporation
Apple target lowered to $136 from $155 at Goldman; Removed from Conviction Buy List, maintain Buy rating
Buffalo Wild Wings target lowered to $166 from $185 at Goldman; Removed from Conviction Buy List following the Q1 results
Super assholes.
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Goldman, just one of many brokerages who downgrade a stock AFTER the bad news comes out. Any fool could do that job. But of course, only the well connected need apply.