Goldman Sachs Maintains Sell on Invitae, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes has maintained a 'Sell' rating on Invitae (NYSE:NVTA) and lowered the price target from $1 to $0.5.
October 20, 2023 | 1:44 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Goldman Sachs has maintained a 'Sell' rating on Invitae and lowered the price target from $1 to $0.5, which could negatively impact the stock's price.
The 'Sell' rating maintained by Goldman Sachs and the lowering of the price target could lead to a decrease in Invitae's stock price. Investors may sell their shares due to the negative outlook, leading to a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100