Goldman Sachs Maintains Sell on JinkoSolar Holding Co, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a 'Sell' rating on JinkoSolar Holding Co (NYSE:JKS) but raises the price target from $27 to $30.
October 31, 2023 | 1:43 pm
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NEUTRAL IMPACT
Despite the 'Sell' rating maintained by Goldman Sachs, the raised price target from $27 to $30 indicates a potential upside for JinkoSolar Holding Co.
The 'Sell' rating suggests that Goldman Sachs expects JinkoSolar's stock to underperform. However, the raised price target from $27 to $30 indicates that the analyst sees some potential upside, which could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100