Goldman Sachs Initiates Coverage On Opera with Buy Rating, Announces Price Target of $16.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has initiated coverage on Opera Ltd. (NASDAQ:OPRA) with a Buy rating and set a price target of $16.5.
December 13, 2023 | 2:07 pm
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Goldman Sachs has initiated coverage on Opera Ltd. with a Buy rating and a price target of $16.5, which could positively influence the stock's performance in the short term.
Analyst ratings, especially from prominent firms like Goldman Sachs, can significantly impact a stock's performance. A Buy rating typically suggests a bullish outlook, which can lead to increased investor interest and potentially drive up the stock price in the short term. The announcement of a specific price target provides a benchmark that may influence investor expectations and market sentiment.
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