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 23, 2023 | 12:52 pm
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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 indicates a negative outlook for Invitae. This could lead to a decrease in the stock's price as investors may sell their shares due to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100