Goldman Sachs Maintains Sell on Funko, Raises Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mike Burton has maintained a 'Sell' rating on Funko (NASDAQ:FNKO) and raised the price target from $5 to $6.5.

November 07, 2023 | 2:45 pm
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Goldman Sachs has maintained a 'Sell' rating on Funko, but raised the price target from $5 to $6.5.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Funko. However, the increase in price target from $5 to $6.5 suggests that the analyst sees some potential for the stock's price to rise, albeit not enough to change the overall negative rating. This could lead to downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100