Goldman Sachs Analyst Research, 06 Jul 2017 at 4:20pm AEST
We make changes to our coverage while Andrea Chong is on maternity leave. A2 Milk Co. (ATM.NZ): China volatility limits near-term visibility; down to Neutral, off CL
Goldman Sachs Analyst Research, 30 Aug 2016 at 5:07am AEST
We downgrade A2M to Neutral (from Buy) and remove from our Conviction List given potential risks around channel destocking related to regulatory disruption in China.
Don't be ashamed to get it wrong. Top notch investment bank got it wrong more than getting it right.
As if they know what they are talking about. Lucky that Andrea is on maternity leave. Otherwise not sure how much further damage she's going to cause.
A2M Price at posting:
$5.28 Sentiment: None Disclosure: Held
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