Morgan Stanley Maintains Equal-Weight on Goldman Sachs Gr, Lowers Price Target to $329
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Equal-Weight rating on Goldman Sachs Gr (NYSE:GS) but lowered the price target from $347 to $329.
October 03, 2023 | 2:58 pm
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NEGATIVE IMPACT
Goldman Sachs' price target has been lowered from $347 to $329 by Morgan Stanley, while maintaining an Equal-Weight rating.
The lowering of the price target by a major analyst like Morgan Stanley could potentially lead to a negative sentiment among investors, which might put downward pressure on Goldman Sachs' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100