Goldman Sachs Maintains Neutral on Container Store Group, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Container Store Group (NYSE:TCS) and lowers the price target from $5 to $2.
May 19, 2023 | 12:12 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Container Store Group (NYSE:TCS) and lowers the price target from $5 to $2.
The lowered price target from $5 to $2 by Goldman Sachs analyst Kate McShane indicates a bearish outlook on Container Store Group's stock. This news is likely to have a negative impact on the stock price in the short term as it suggests that the analyst believes the stock is overvalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100