Goldman Sachs Maintains Buy on Grupo Televisa, Lowers Price Target to $3.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Vitor Tomita has reaffirmed a Buy rating on Grupo Televisa (NYSE:TV) but has reduced the price target from $3.9 to $3.5.

December 13, 2023 | 2:29 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Grupo Televisa but lowers the price target from $3.9 to $3.5, indicating a potential upside but with caution.
While the Buy rating suggests confidence in Grupo Televisa's fundamentals and potential growth, the reduction in the price target may reflect a tempered outlook on the stock's valuation or market conditions. This could lead to a neutral short-term impact as the positive sentiment from the Buy rating is balanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100