Goldman Sachs Maintains Buy on The McGraw-Hill Companies

Goldman Sachs is out with its report today on The McGraw-Hill Companies MHP, maintaining Buy. In its report, Goldman Sachs writes, "We view the recent headlines about MHP's strategic review as supportive of our thesis and we recommend investors Buy shares ahead of potential catalysts on the company's 3Q earnings call. Bottom line, we believe new detail on G&A cuts, share repurchase activity, and strategic plans including segment spin off or restructuring should be positive for the shares." Goldman Sachs maintains a $50 PT on MHP. Shares of MHP closed Wednesday at $42.11.