Goldman Sachs Maintains Sell on Frontdoor, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a 'Sell' rating on Frontdoor (NASDAQ:FTDR) and raises the price target from $23 to $30.
August 04, 2023 | 1:23 pm
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Goldman Sachs maintains a 'Sell' rating on Frontdoor but raises the price target from $23 to $30.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Frontdoor. However, the increase in price target from $23 to $30 suggests that the analyst sees some potential for the stock's price to rise in the future, despite the overall negative rating. This could lead to short-term volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100