Goldman Sachs Maintains Neutral on Leslies, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has maintained a Neutral rating on Leslies (NASDAQ:LESL) but has reduced the price target from $10 to $5.

November 30, 2023 | 2:52 pm
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NEGATIVE IMPACT
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Leslies but cuts the price target by 50% from $10 to $5.
The reduction in price target by a significant 50% from $10 to $5 by a major financial institution like Goldman Sachs is likely to be viewed negatively by the market, potentially leading to a decrease in investor confidence and a short-term decline in LESL's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100