Q: Goldman downgraded Bombardier to a sell. Could this be the start of the "elevator down"?
5i Research Answer:
We try not to react to downgrades; the stock is up 190% in a year, so certainly could see some price consolidation. But markets are strong, and BBD.B's sector even stronger. It is not our favourite stock, but we would not consider the downgrade to be the start of a negative trend, really.