Kosmos downgraded to Sell from Neutral at Goldman Sachs

Goldman Sachs analyst Neil Mehta downgraded Kosmos (KOS) to Sell from Neutral with an unchanged price target of $2.25. The firm cites valuation for the downgrade following the stock’s 200% rally in 2026. Goldman now sees less upside in Kosmos shares relative to the company’s larger cap peers. The company’s leverage remains elevated, which reduces its capacity to return capital to shareholders, the analyst tells investors in a research note.