Goldman Sachs Maintains Neutral on Weave Communications, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on Weave Communications (NYSE:WEAV) and raised the price target from $5 to $11.
August 04, 2023 | 3:37 pm
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Goldman Sachs has maintained a Neutral rating on Weave Communications and raised the price target from $5 to $11.
The news is directly related to Weave Communications. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no significant change in the company's outlook. However, the increase in the price target from $5 to $11 suggests a positive view on the company's future performance. This could potentially influence investors' sentiment and impact the stock price, but the Neutral rating suggests that the impact may not be significant in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100