Opera shares are trading higher after Goldman Sachs initiated coverage on the stock with a Buy rating and announced a $16.5 price target.
Portfolio Pulse from Benzinga Newsdesk
Opera shares have risen following Goldman Sachs' initiation of coverage with a Buy rating and a $16.5 price target.
December 13, 2023 | 5:01 pm
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POSITIVE IMPACT
Opera's stock price is likely to experience a positive short-term impact due to Goldman Sachs' Buy rating and $16.5 price target.
Analyst ratings, especially from prominent firms like Goldman Sachs, can significantly influence investor sentiment and stock prices. The Buy rating and the price target of $16.5 suggest a positive outlook for Opera, which can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100