Goldman Sachs Maintains Buy on Telefonica Brasil, Raises Price Target to $11.4
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Diego Aragao has maintained a 'Buy' rating on Telefonica Brasil (NYSE:VIV) and raised the price target from $10 to $11.4.
August 04, 2023 | 11:08 am
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POSITIVE IMPACT
Goldman Sachs has maintained a 'Buy' rating on Telefonica Brasil and raised the price target, which could lead to a positive impact on the stock.
The 'Buy' rating maintained by Goldman Sachs indicates their positive outlook on Telefonica Brasil. The increase in price target from $10 to $11.4 suggests that they expect the stock to perform well in the future. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100