Goldman Sachs Maintains Sell on Everbridge, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Sell rating on Everbridge (NASDAQ:EVBG) and reduced the price target from $27 to $23.
November 10, 2023 | 4:01 pm
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Goldman Sachs analyst reaffirms Sell rating on Everbridge, with a reduced price target from $27 to $23, indicating a bearish outlook.
The reduction in price target by a major financial institution like Goldman Sachs suggests a negative outlook on Everbridge's stock value in the short term. This could lead to a decrease in investor confidence and a potential drop in the stock price.
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IMPORTANCE 85
RELEVANCE 100