{
  "id": 11143606,
  "title": "Goldman Sachs adds four European stocks as earnings catalysts emerge",
  "url": "https://urgent.news/2026/10/01/goldman-sachs-adds-four-european-stocks-as-earnings-catalysts-emerge",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T08:08:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/goldman-sachs-adds-four-european-stocks-as-earnings-catalysts-emerge-4926517"
  },
  "original_language": "en",
  "account": "Goldman Sachs expanded its European Conviction List for October, adding Solaria, Straumann, Scout24, and IMCD as stocks poised to benefit from earnings catalysts. The broker removed Naturgy, Norsk Hydro, and Smith & Nephew from the list. Solaria's appeal lies in its solar business outlook, with Goldman's analyst Alberto Gandolfi noting a potential growth area in data centers and energy storage. Straumann is seen benefiting from a strong recovery in China and improved profit margins, while Scout24's expansion of products could lead to growth in private subscribers. IMCD could be nearing a turning point in volumes, and IMCD's specialized product mix should help maintain better prices than anticipated. The bank kept Trelleborg on the list with a Buy rating, citing an anticipated 20% upside. Goldman revised its three-quarter 2026 sales estimate for Trelleborg downwards by 50 basis points but maintained its adjusted EBITA forecast. The bank also upgraded BMW to a Buy following its Capital Markets Day, predicting a 48% upside and emphasizing the automaker's target of an 8%-10% EBIT margin. Iberdrola was upgraded to a Buy from Neutral, with a price target raised by 19% to €25, due to expected double-digit growth through 2031. AJ Bell was upgraded to a Neutral from Sell due to improved valuation and better visibility on fee-related earnings. Vallourec was retained as a Buy, despite a lower earnings forecast, reflecting its exposure to the Middle East.",
  "summary": null,
  "key_points": [
    "Goldman Sachs adds Solaria, Straumann, Scout24, and IMCD to European Conviction List",
    "Solaria's appeal lies in solar business outlook and data centers/energy storage potential",
    "Trelleborg's sales estimate revised downward by 50 basis points, but Buy rating maintained"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Goldman Sachs pushes Fed rate hike forecast to December",
        "url": "https://urgent.news/2026/10/01/goldman-sachs-pushes-fed-rate-hike-forecast-to-december",
        "published": "2026-10-01T06:31:23.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Goldman Sachs upgrades Occidental Petroleum stock rating on debt reduction outlook",
        "url": "https://urgent.news/2026/10/01/goldman-sachs-upgrades-occidental-petroleum-stock-rating-on-debt",
        "published": "2026-10-01T08:45:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}