Goldman Sachs Maintains Neutral on Bilibili, Lowers Price Target to $15.6
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Lincoln Kong has maintained a Neutral rating on Bilibili (NASDAQ:BILI) and reduced the price target from $17.4 to $15.6.
November 30, 2023 | 3:03 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Bilibili and lowered the price target, which may influence investor sentiment and stock price.
A lowered price target by a prominent analyst like Goldman Sachs can lead to negative investor sentiment in the short term, potentially causing a decrease in Bilibili's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100