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) and reduced the price target from $49 to $43.

November 13, 2023 | 1:26 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Fiverr Intl and lowered the price target from $49 to $43, indicating a potential downside compared to the previous target.
The reduction in price target by a major analyst like Goldman Sachs suggests that they see less upside potential in Fiverr Intl's stock, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100