Goldman Sachs Maintains Sell on ManpowerGroup, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Tong maintains a Sell rating on ManpowerGroup (NYSE:MAN) and raises the price target from $69 to $79.

July 21, 2023 | 12:14 pm
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Goldman Sachs maintains a Sell rating on ManpowerGroup and raises the price target from $69 to $79.
The news directly pertains to ManpowerGroup as Goldman Sachs maintains a Sell rating on the company. This suggests that the analyst believes the stock is overvalued or is expected to underperform, which could negatively impact the stock price in the short term. However, the raised price target indicates a slightly more positive outlook than before.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100