Goldman Sachs Maintains Buy on IHS Holding, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brett Feldman has maintained a Buy rating on IHS Holding (NYSE:IHS) but has reduced the price target from $8 to $7.
November 16, 2023 | 1:46 pm
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Goldman Sachs reaffirms a Buy rating on IHS Holding but decreases the price target to $7, indicating a positive outlook with a reduced growth expectation.
While the Buy rating suggests that Goldman Sachs still sees IHS Holding as a good investment, the reduction in the price target may reflect a more conservative view on the company's growth prospects or market conditions. This could lead to mixed reactions in the short term, as investors appreciate the positive rating but also take into account the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100