Goldman Sachs Maintains Buy on Mosaic, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee has maintained a 'Buy' rating on Mosaic (NYSE:MOS) but lowered the price target from $62 to $54.
July 18, 2023 | 1:08 pm
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Goldman Sachs has maintained a 'Buy' rating on Mosaic but lowered the price target from $62 to $54, which could impact the stock's performance.
The lowered price target indicates that Goldman Sachs expects Mosaic's stock to perform below previous expectations, which could potentially lead to a decrease in the stock's price. However, the maintained 'Buy' rating suggests that the firm still sees potential upside, which could balance out the impact of the lowered price target.
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IMPORTANCE 80
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