Goldman Sachs Initiates Coverage On TIM with Neutral Rating, Announces Price Target of $15
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Vitor Tomita initiates coverage on TIM (NYSE:TIMB) with a Neutral rating and announces a price target of $15.
May 31, 2023 | 8:42 am
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NEUTRAL IMPACT
Goldman Sachs initiates coverage on TIM (NYSE:TIMB) with a Neutral rating and a price target of $15.
Goldman Sachs' initiation of coverage on TIM with a Neutral rating suggests that the stock is fairly valued at its current price. The announcement of a $15 price target indicates that the analyst believes there is limited upside potential in the short term. This news is directly related to TIM and is important for investors, but the neutral rating suggests a short-term price impact score of 0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100