Goldman Sachs Maintains Buy on Sonendo, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Nathan Rich maintains a Buy rating on Sonendo (NYSE:SONX) but lowers the price target from $1.75 to $1.5.
November 09, 2023 | 4:33 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Sonendo but lowers the price target from $1.75 to $1.5.
While the Buy rating is maintained, the lowered price target could indicate a potential downside risk. However, the impact on the stock price is uncertain as it depends on how investors interpret this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100