Goldman Sachs Maintains Neutral on Phathom Pharmaceuticals, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Paul Choi maintains a Neutral rating on Phathom Pharmaceuticals (NASDAQ:PHAT) and raises the price target from $9 to $10.

November 03, 2023 | 2:55 pm
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Goldman Sachs maintains a Neutral rating on Phathom Pharmaceuticals and raises the price target from $9 to $10.
The news is directly about Phathom Pharmaceuticals. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no significant changes in the company's performance. However, the increase in price target from $9 to $10 suggests a slightly positive outlook, but it's not significant enough to predict a strong upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100