Goldman Sachs Maintains Sell on Fisker, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has maintained a Sell rating on Fisker (NYSE:FSR) and reduced the price target from $2 to $1.
December 04, 2023 | 2:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs has maintained a Sell rating on Fisker and lowered the price target from $2 to $1, indicating a bearish outlook on the stock.
The reduction in price target by a major financial institution like Goldman Sachs suggests a negative outlook on Fisker's stock performance in the short term. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100