Goldman Sachs Maintains Neutral on Cosan, Raises Price Target to $17.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim maintains a Neutral rating on Cosan (NYSE:CSAN) and raises the price target from $14.8 to $17.5.
June 02, 2023 | 12:45 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Cosan and raises the price target from $14.8 to $17.5.
Goldman Sachs' decision to maintain a Neutral rating on Cosan indicates that they do not expect significant short-term price movement. However, the raised price target from $14.8 to $17.5 suggests a positive outlook for the stock in the longer term. The news is highly relevant to Cosan as it directly pertains to the company's stock and is important for investors to consider when making decisions. The confidence in the analysis is high due to the reputation of Goldman Sachs as a leading financial institution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100