Goldman Sachs Maintains Buy Rating for Grupo Televisa: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Buy rating for Grupo Televisa (NYSE:TV) but lowered its price target from $6.10 to $5.20. The current share price is $3.12, and a move to $5.20 would represent a 66.67% increase. Grupo Televisa is a leading telecommunication firm in Mexico with interests in several smaller businesses.
September 29, 2023 | 5:00 pm
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Goldman Sachs has maintained its Buy rating for Grupo Televisa but lowered its price target. This could potentially lead to increased investor interest.
Goldman Sachs' decision to maintain its Buy rating for Grupo Televisa indicates a positive outlook for the company. However, the lowering of the price target may reflect some concerns. This could potentially lead to increased investor interest as the lowered price target still represents a significant increase from the current share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100