Goldman Sachs Maintains Sell Rating for QuantumScape: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Sell rating for QuantumScape (NYSE:QS) and lowered its price target from $6.00 to $5.00. QuantumScape's shares are currently trading down 5.09% over the last 24 hours, at $6.15 per share. A move to $5.00 would account for a 18.7% decline from the current share price.
October 03, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs has maintained its Sell rating for QuantumScape and lowered its price target, potentially leading to a further decline in the stock's price.
Goldman Sachs, a major financial institution, has maintained its Sell rating for QuantumScape and even lowered its price target. This indicates a negative outlook for the stock, which is likely to influence investor sentiment and potentially lead to a further decline in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100