Goldman cuts C target to $16 and says its 'conviction sell'

They have a new rating......... "Bye". As in 'goodbye', so long, hasta lumbago, adios mf, "see ya, wouldn't want to be ya".

couldn't happen to a nicer bunch of fleece merchants.
 
This downgrade should have came when C made their first announcement of writedowns, not after the fact that the stock is down over 55%.
 
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