UPDATE: Goldman Sachs Downgrades StanCorp, Notes Near-Term Risk
February 03, 2014 at 10:35 AM EST
In a report published Monday, Goldman Sachs analyst Christopher Giovanni downgraded StanCorp Financial Group (NYSE: SFG ) from Neutral to Sell on near-term risk. Giovanni noted Stancorp's six straight quarters of positive EPS surprises. Goldman Sachs continues to expect a continuation in positive momentum, but remarked that “the stock currently