What exactly changed in the QRNNF analyst rating on Feb 16, 2026?

Goldman Sachs downgraded Aurizon Holdings Limited from **Buy** to **Neutral** on February 16, 2026. The report did not include a new price target and was reported by TheFly. This represents a reduction in conviction from a major broker.

Does the QRNNF downgrade include a new price target?

No. The February 16, 2026 downgrade by Goldman Sachs did not publish a new price target for QRNNF. Investors should monitor follow-up analyst notes or company guidance for an updated valuation view.

How should holders react to the QRNNF analyst rating shift?

Holders should review Aurizon’s cash flow, dividend sustainability, and upcoming earnings. A Neutral rating means reassessing conviction but not necessarily selling, especially if dividends and contracts remain strong.

How does Meyka treat the Goldman Sachs downgrade in our QRNNF grade?

Meyka factors the Goldman Sachs downgrade into the overall QRNNF grade, which is **B**. The downgrade affects analyst consensus weight but we still weigh fundamentals, sector trends, and benchmark comparisons in the grade.

Analyst Ratings

Goldman Sachs Downgrades Aurizon Holdings Limited (QRNNF) to Neutral Feb 2026

ByHuzaifa Zahoor February 17, 2026February 17, 2026

QRNNF analyst rating moved sharply on February 16, 2026 when Goldman Sachs downgraded Aurizon Holdings Limited to Neutral from Buy. We see this as a notable shift from a major global firm and a sign investors should revisit assumptions on growth and sector risk. The downgrade note did not include a new price target and listed no immediate price reaction. Goldman Sachs cited valuation and near-term operational headwinds as drivers of its decision, according to the report. We use this update to reassess exposure and to contextualize what a Neutral rating means for holders of Aurizon.