Goldman Sachs Reinstates Neutral on Nasdaq, Announces $58 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein has reinstated coverage on Nasdaq (NASDAQ:NDAQ) with a Neutral rating and set a price target of $58.
December 01, 2023 | 1:52 pm
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NEUTRAL IMPACT
Goldman Sachs has reinstated Nasdaq with a Neutral rating and a price target of $58, which may influence investor sentiment and stock performance.
The reinstatement of coverage by Goldman Sachs with a Neutral rating and a specific price target provides investors with a professional analysis of NDAQ's value. While a Neutral rating does not suggest significant upside or downside, the setting of a price target can serve as a benchmark for investors, potentially stabilizing the stock's price around that target in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100