UPDATE 1-Goldman removes Schneider from buy list


(Adds details) Sept 21 (Reuters) - Goldman Sachs maintained its "buy" rating on France's Schneider Electric but removed it from its conviction buy list, and said the company lacked a near-term catalyst and had a relatively high exposure to the North American markets. The brokerage downgraded French electrical installations group Legrand to "sell" from "neutral" and added it to its conviction sell list. In an environment of continuing strong global industrial demand Legrand's defensive ...

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