0224 GMT [Dow Jones] STOCK CALL: Goldman Sachs keeps its Buy...

0224 GMT [Dow Jones] STOCK CALL: Goldman Sachs keeps its Buy rating on Leighton
(LEI.AU) despite the resignation of Chairman Stephen Johns and two other directors, over
a breakdown in relations with major shareholder, Hochtief (HOT.XE). "We retain our
Buy rating given the company's improving gearing position, finalization of legacy
contract issues, leverage to Australian LNG construction projects and offshore earnings
growth," say analysts Nathan Reilly and Will Charlston in a report. Their price
target is A$25.50. LEI is down 7.1% at A$20.17. ([email protected])