Goldman Sachs Initiates Coverage On OPAL Fuels with Sell Rating, Announces Price Target of $5.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Bubes has initiated coverage on OPAL Fuels (NASDAQ:OPAL) with a Sell rating and a price target of $5.8.
September 15, 2023 | 8:45 am
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Goldman Sachs has initiated coverage on OPAL Fuels with a Sell rating and a price target of $5.8, which could negatively impact the stock's performance.
Goldman Sachs, a major financial institution, has initiated coverage on OPAL Fuels with a Sell rating. This suggests that the analyst believes the stock's price will decrease in the short term. The price target of $5.8 also indicates that the analyst believes the stock is currently overvalued. This news could lead to a decrease in the stock's price as investors react to the analyst's prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100