Goldman Sachs Maintains Neutral on Riskified, Lowers Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance has maintained a Neutral rating on Riskified (NYSE:RSKD) and lowered the price target from $6 to $5.5.
July 13, 2023 | 11:21 am
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Riskified and lowered the price target from $6 to $5.5, which may impact the stock's performance.
The lowering of the price target by Goldman Sachs, a major financial institution, could lead to a decrease in investor confidence in Riskified, potentially causing a short-term drop in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100