GOLDMAN SACHS: 17 stocks that have a long way to fall

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Traders work in the Goldman Sachs booth on the floor of the New York Stock Exchange in New York May 10, 2010.
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REUTERS/Lucas Jackson

Goldman Sachs has some ideas about what US stocks to sell in 2017.

Shares of Kohl’s Corp., the American retail chain, have the most downside among US stocks, closely followed by Boeing and Transocean, according to the most recent US quarterly outlook published by Goldman Sachs.

The firm arrived at the downside ranking of a stock by looking at the percent difference between its current trading price and Goldman’s target price set for the stock.

We provide a list of the top 17 US stocks with the most downside, according to Goldman’s rankings, below.


1. Kohl’s

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Thomson Reuters

Ticker: KSS

Current price: $49.38

Target price: $35

Downside to target: -29.1%

Source: Goldman Sachs


2. Boeing

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Boeing

Ticker: BA

Current price: $155.68

Target price: $113

Downside to target: -27.4%

Source: Goldman Sachs


3. Transocean

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Transocean

Ticker: RIG

Current price: $14.74

Target price: $11

Downside to target: –25.4%

Source: Goldman Sachs


4. Akamai Technologies

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Glassdoor

Ticker: AKAM

Current price: $66.68

Target price: $50

Downside to target: -25%

Source: Goldman Sachs


5. Murphy Oil

source
Reuters

Ticker: MUR

Current price: $31.13

Target price: $24

Downside to target: -22.9%

Source: Goldman Sachs


6. Stericycle

source
Reuters

Ticker: SRCL

Current price: $77.04

Target price: $60

Downside to target: -22.1%

Source: Goldman Sachs


7. Whole Foods

Ticker: WFM

Current price: $30.76

Target price: $24

Downside to target: -22%

Source: Goldman Sachs


8. Western Union

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REUTERS/Eduardo Munoz

Ticker: WU

Current price: $21.72

Target price: $17

Downside to target: -21.7%

Source: Goldman Sachs


9. Scripps Networks

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Food Network

Ticker: SNI

Current price: $71.37

Target price: $56

Downside to target: -21.5%

Source: Goldman Sachs


10. PerkinElmer

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NASA

Ticker: PKI

Current price: $52.15

Target price: $41

Downside to target: -21.4%

Source: Goldman Sachs


CF Industries

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CF Industries

Ticker: CF

Current price: $31.48

Target price: $25

Downside to target: -20.6%

Source: Goldman Sachs


12. Celgene

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AP/Mike Derer

Ticker: CELG

Current price: $115.75

Target price: $92

Downside to target: -20.5%

Source: Goldman Sachs


13. Prologis

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Prologis

Ticker: PLD

Current price: $52.79

Target price: $42

Downside to target: -20.4%

Source: Goldman Sachs


14. Host Hotels

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http://www.hosthotels.com/

Ticker: HST

Current price: $18.84

Target price: $15

Downside to target: -20.4%

Source: Goldman Sachs


15. First Solar

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First Solar

Ticker: FSLR

Current price: $32.09

Target price: $26

Downside to target: -19%

Source: Goldman Sachs


16. Progressive Corp.

Ticker: PGR

Current price: $35.50

Target price: $29

Downside to target: -18.3%

Source: Goldman Sachs


17. M&T Bank

source
Reuters/Carlo Allegri

Ticker: MTB

Current price: $156.43

Target price: $128

Downside to target: -18.2%

Source: Goldman Sachs


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