Goldman Sachs Downgrades Gol Intelligent Airlines to Neutral, Raises Price Target to $5.65
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Bruno Amorim has downgraded Gol Intelligent Airlines (NYSE:GOL) from Buy to Neutral, while raising the price target from $4.8 to $5.65.

July 11, 2023 | 8:31 am
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NEUTRAL IMPACT
Goldman Sachs has downgraded Gol Intelligent Airlines and raised its price target. This could lead to mixed market reactions.
The downgrade from Buy to Neutral indicates a less optimistic outlook for the company, which could negatively impact the stock price. However, the raised price target suggests an expected increase in the stock's value, which could have a positive effect. The net impact is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100