Goldman Sachs Maintains Sell on Moelis, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst James Yaro maintains a 'Sell' rating on Moelis (NYSE:MC) and raises the price target from $35 to $40.
July 12, 2023 | 12:43 pm
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Goldman Sachs maintains a 'Sell' rating on Moelis and raises the price target from $35 to $40.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Moelis. However, the increase in price target from $35 to $40 suggests that the analyst sees some upside potential, but still recommends selling the stock. This could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100