Goldman Sachs Maintains Sell on T. Rowe Price Gr, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a 'Sell' rating on T. Rowe Price Gr (NASDAQ:TROW) and raises the price target from $89.5 to $100.
August 01, 2023 | 1:38 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a 'Sell' rating on T. Rowe Price Gr, but raises the price target from $89.5 to $100.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for T. Rowe Price Gr. However, the increase in price target from $89.5 to $100 suggests that the analyst sees some upside potential, albeit not enough to change the overall negative rating. This could lead to short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100