Goldman Sachs Maintains Neutral on TIM, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Vitor Tomita maintains a Neutral rating on TIM (NYSE:TIMB) and raises the price target from $15 to $17.

August 08, 2023 | 2:44 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on TIM and raises the price target from $15 to $17.
The news directly pertains to TIM as Goldman Sachs maintains a Neutral rating on the company and raises the price target. This suggests that the analyst sees potential in the company but also acknowledges risks. This could lead to increased investor interest but the impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100