Goldman Sachs Maintains Sell on Kronos Worldwide, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Duffy Fischer has maintained a Sell rating on Kronos Worldwide (NYSE:KRO) but increased the price target from $7 to $8.

December 14, 2023 | 1:51 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Sell rating on Kronos Worldwide but raises the price target from $7 to $8.
The maintenance of a Sell rating suggests that Goldman Sachs does not see positive momentum or significant upside in Kronos Worldwide's stock. However, the increase in the price target from $7 to $8 indicates a slightly more positive outlook than before, potentially due to some improved fundamentals or market conditions. Despite the raised target, the Sell rating is likely to have a more dominant effect on investor sentiment, potentially leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100