Goldman Sachs Maintains Neutral on Fiverr Intl, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Fiverr Intl (NYSE:FVRR) but has reduced the price target from $49 to $43.
November 10, 2023 | 4:02 pm
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Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Fiverr Intl but lowers the price target from $49 to $43, indicating a potential downside or limited upside from the current price level.
The reduction in price target by a major analyst like Goldman Sachs typically suggests a less optimistic view on the stock's valuation or growth prospects, which can lead to negative investor sentiment and a potential decrease in the stock price in the short term.
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IMPORTANCE 75
RELEVANCE 100