Goldman Sachs downgrades CreditAccess Grameen to sell, stock down 12%

CreditAccess Grameen shares fell 11.8% after Goldman Sachs downgraded the stock, citing asset quality stress and risks related to over-leveraged borrowers. The target price was slashed by 60% to Rs 564. CreditAccess Grameen shares fell 11.8% after Goldman Sachs downgraded the stock, citing asset quality stress and risks related to over-leveraged borrowers. The target price was slashed by 60% to Rs 564.  Economic Times