Goldman Sachs Maintains Buy on Global E Online, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Buy rating on Global E Online (NASDAQ:GLBE) but has lowered the price target from $50 to $44.
August 09, 2023 | 3:48 pm
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Goldman Sachs maintains a Buy rating on Global E Online but lowers the price target from $50 to $44. This could potentially impact the stock's performance.
While Goldman Sachs maintains a Buy rating on Global E Online, the lowering of the price target from $50 to $44 could potentially create a negative sentiment among investors, impacting the stock's short-term performance. However, the continued Buy rating indicates that the firm still sees potential in the company's stock, which could balance out any potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100