Goldman Sachs Initiates Coverage On Ducommun with Neutral Rating, Announces Price Target of $52
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Noah Poponak has initiated coverage on Ducommun (NYSE:DCO) with a Neutral rating and a price target of $52.
August 14, 2023 | 9:40 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Ducommun with a Neutral rating and a price target of $52.
The initiation of coverage by Goldman Sachs, a major investment bank, is a significant event for Ducommun. The Neutral rating suggests that Goldman Sachs does not expect DCO's stock to outperform the market in the short term. The price target of $52 provides a reference point for investors, but does not necessarily indicate a strong upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100