Goldman Sachs Maintains Sell on Big Lots, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has maintained a 'Sell' rating on Big Lots (NYSE:BIG) and lowered the price target from $5 to $4.
October 20, 2023 | 1:38 pm
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Goldman Sachs has maintained a 'Sell' rating on Big Lots and lowered the price target from $5 to $4, which could negatively impact the stock's price.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Big Lots. The lowering of the price target from $5 to $4 suggests that the analyst believes the stock is overvalued at its current price, which could lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100