Goldman Sachs Maintains Neutral on Nextdoor Holdings, Lowers Price Target to $1.75
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Nextdoor Holdings (NYSE:KIND) and lowered the price target from $2.5 to $1.75.
November 09, 2023 | 4:28 pm
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Goldman Sachs has maintained a Neutral rating on Nextdoor Holdings and lowered the price target from $2.5 to $1.75.
The lowering of the price target by Goldman Sachs could potentially lead to a decrease in the stock price of Nextdoor Holdings in the short term. This is because the new price target is lower than the previous one, indicating a less optimistic outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100