Evolution AB downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs analyst Ben Andrews downgraded Evolution AB (EVVTY) to Neutral from Buy with a SEK 1,000 price target The company’s growth has now slowed versus history, and missed Goldman’s expectations in the past two quarters, the analyst tells investors in a research note. The firm says Evolution’s lack of visibility and regulatory overhangs limit opportunity for a share re-rating.