Goldman Sachs Maintains Buy on BanColombia, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta maintains a Buy rating on BanColombia (NYSE:CIB) but lowers the price target from $39 to $35.
August 11, 2023 | 12:17 pm
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Goldman Sachs maintains a Buy rating on BanColombia but lowers the price target from $39 to $35.
The news is directly related to BanColombia (CIB). While the maintained Buy rating is positive, the lowered price target might indicate a potential downside, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100