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Syngenta Shares Outperform as Goldman Added to 'Conviction Buy' List

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Syngenta (NYSE: SYT) shares are up more than 1 percent Tuesday afternoon after attaining a spot on Goldman Sach's (NYSE: GS) lauded "Conviction Buy" list.

Goldman believes recent concerns over the delayed U.S. crop planting season are overdone, while Syngenta's long-term fundamentals are sound.

The firm believes Syngenta's unlevered balance sheet could allow for over $4 billion in potential acquisitions. These acquisitions could generate substantial shareholder value and help "decouple" the company from the volatile agricultural cycle.

Latest Ratings for SYT

Sep 2015BernsteinUpgradesOutperform
Aug 2015UBSDowngradesBuyNeutral
Aug 2015Bank of AmericaUpgradesNot RatedNeutral

View More Analyst Ratings for SYT
View the Latest Analyst Ratings

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