Goldman Sachs Maintains Neutral on Chegg, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Chegg (NYSE:CHGG) and lowered the price target from $14 to $10.
October 31, 2023 | 1:39 pm
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Goldman Sachs has maintained a Neutral rating on Chegg and lowered the price target from $14 to $10.
The lowering of the price target by Goldman Sachs from $14 to $10 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Chegg's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100