Goldman Sachs Maintains Buy on Dada Nexus, Lowers Price Target to $10.1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ronald Keung maintains a Buy rating on Dada Nexus (NASDAQ:DADA) but lowers the price target from $11.6 to $10.1.
October 25, 2023 | 1:41 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Dada Nexus but lowers the price target from $11.6 to $10.1.
The news is directly related to Dada Nexus. While the maintained Buy rating is positive, the lowered price target might indicate a potential downside, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100