Goldman Sachs Maintains Neutral on Enact Holdings, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash maintains a Neutral rating on Enact Holdings (NASDAQ:ACT) and raises the price target from $26 to $29.
August 04, 2023 | 1:23 pm
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Goldman Sachs maintains a Neutral rating on Enact Holdings and raises the price target from $26 to $29.
The news is directly about Enact Holdings. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no expected significant change in the stock's performance. However, the increase in price target from $26 to $29 suggests a positive outlook, which could potentially influence investors' decisions and the stock's short-term price. The impact is neutral as the rating remains unchanged, but the raised price target could have a positive influence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100