Goldman Sachs Maintains Neutral on Maravai LifeSciences, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes has maintained a Neutral rating on Maravai LifeSciences (NASDAQ:MRVI) and lowered the price target from $8 to $7.

November 09, 2023 | 4:22 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on Maravai LifeSciences and lowered the price target from $8 to $7.
The news is directly about Maravai LifeSciences. Goldman Sachs' decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the lowering of the price target could potentially have a negative impact, as it suggests that the analyst believes the stock is currently overvalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100