Goldman Sachs Maintains Buy on Stagwell, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brett Feldman has maintained a 'Buy' rating on Stagwell (NASDAQ:STGW) but lowered the price target from $12 to $9.
August 14, 2023 | 12:20 pm
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Goldman Sachs has maintained a 'Buy' rating on Stagwell but lowered the price target from $12 to $9.
The news is directly related to Stagwell (STGW). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential downside risk. However, the impact on the stock price in the short term is uncertain as it could be offset by the maintained 'Buy' rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100