Sociedad Quimica Y Minera shares are trading lower after Goldman Sachs initiated coverage on the stock with a Sell rating.
Portfolio Pulse from Benzinga Newsdesk
Sociedad Quimica Y Minera (SQM) shares are trading lower after Goldman Sachs initiated coverage on the stock with a Sell rating.
May 19, 2023 | 2:10 pm
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NEGATIVE IMPACT
SQM's stock price is likely to be negatively impacted by Goldman Sachs' Sell rating.
Goldman Sachs, a major investment bank, has initiated coverage on SQM with a Sell rating. This negative rating is likely to influence investor sentiment and put downward pressure on SQM's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100