Goldman Sachs Maintains Buy on Sonendo, Lowers Price Target to $1.75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Nathan Rich has maintained a 'Buy' rating on Sonendo (NYSE:SONX), but lowered the price target from $2 to $1.75.
August 10, 2023 | 1:37 pm
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Goldman Sachs has maintained a 'Buy' rating on Sonendo, but lowered the price target from $2 to $1.75.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term value of the stock. However, the 'Buy' rating suggests that Goldman Sachs still sees long-term potential in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100