Goldman Sachs Maintains Buy on Moderna, Lowers Price Target to $231
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Salveen Richter maintains a Buy rating on Moderna (NASDAQ:MRNA) but lowers the price target from $269 to $231.

November 03, 2023 | 2:51 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Moderna but lowers the price target from $269 to $231.
The news is directly related to Moderna and is likely to influence investor sentiment. While the Buy rating is maintained, the lowered price target may cause some concern among investors, potentially leading to short-term volatility in the stock price. However, the impact on the stock's direction is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100