Goldman Sachs Maintains Sell on Hyliion Holdings, Lowers Price Target to $1.25
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has maintained a 'Sell' rating on Hyliion Holdings (NYSE:HYLN) and lowered the price target from $1.75 to $1.25.
August 14, 2023 | 12:13 pm
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Goldman Sachs has maintained a 'Sell' rating on Hyliion Holdings and lowered the price target from $1.75 to $1.25.
The news of Goldman Sachs maintaining a 'Sell' rating and lowering the price target for Hyliion Holdings is likely to negatively impact the company's stock price in the short term. Investors may sell their shares due to the lowered price target, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100